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Business Cycle & Unemployment

Authored by AIN FARHA

Social Studies

University

Used 2+ times

Business Cycle & Unemployment
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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment is due to a business shutting down for a part of a year?

Frictional

Structural

Seasonal

Cyclical

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment occurs when advanced technology takes your job?

Frictional

Structural

Seasonal

Cyclical

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment occurs during a transition period from one job to another job?

Frictional

Structural

Seasonal

Cyclical

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of unemployment occurs when there is a decline in business activity resulting in layoffs?

Frictional

Structural

Seasonal

Cyclical

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You work at a Lobster Shack in Maine that is open from May to August. What type of unemployment will you experience in September?

Frictional

Structural

Seasonal

Cyclical

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Halloween Spirit Worker will experience what type of unemployment?

Frictional

Structural

Seasonal

Cyclical

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Keith lost his job at his company’s telephone switchboard when the company installed an automated phone system. Which type of unemployment did Keith experience?

Frictional

Structural

Seasonal

Cyclical

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