Mod 6_ECON 2120

Which of the following is a cause of frictional unemployment?

• lack of employers

• scarcity of information

• high minimum wage

• poor job location

A 15 year old who is searching for a summer job but isn't currently working would be considered "unemployed"

• True

• False

Someone who is able and willing to work but has not attempted to find employment in the last 4 weeks...

• attempted laborer

• disabled

• labor loser

• discouraged worker

Large, economy-wide shocks that occur relatively quickly are a cause of...

• frictional unemployment

• structural unemployment

• cyclical unemployment

• structural development

Cyclical unemployment is unemployment that is NOT correlated with the business cycle

• True

• False

Which of the following does NOT affect labor force participation?

• Demographics

• Incentives

• Climate change