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Unemployment

Authored by Anna Rabiega

Other

9th Grade

Used 1+ times

Unemployment
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14 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What type of unemployment depends on the business cycle?

cyclical

frictional

seasonal

structural

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

What are solutions to the cyclical unemployment?

lowering taxes to increase consumption

hanging flyers to encourage consumption

there is no solution

increasing interest rates

3.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

What are the causes of structural unemployment

technological changes

globalization

laws governing the labor market (ex. short documentation for firing workers)

new jobs being created

4.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

What are solutions for frictional and seasonal unemployment?

improved flow of information between employers and possible workers

having more workers

having a human-resources branch

reducing unemployment benefits

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Natural rate of unemployment =

cyclical unemployment + seasonal unemployment + frictional unemployment

structural unemployment + cyclical unemployment

structural unemployment + seasonal unemployment + frictional unemployment

seasonal unemployment + frictional unemployment

6.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

What applies to the fact that wages are "sticky downwards"?

while workers wages can easily increase, it is less likely they will fall

while workers wages can easily increase, they can even more easily fall

one of the reasons is that lower wages make workers less productive

one of the reasons is lack of trade union power

7.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

Whataretheconcernsconnectedtodemand-sidepolicies?

  • no guarantee that disposable income will be spent

  • with low consumer confidence, people may save (low AD)

  • there will be immediate effects

the disposable income will be spent quickly

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