
Econ dev midterm exam

Quiz
•
Other, Business
•
KG
•
Hard
patricia macapagal
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are jobs available in Javier’s town; however, none of the jobs are a good match for his skills and experience. This is an example of __________ unemployment.
seasonal
structural
frictional
technological
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The poor economy is causing consumer demand and spending to go down. As a result, companies aren’t hiring. This is called __________ unemployment.
classical
structural
frictional
cyclical
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following best defines unemployment?
The state of being able to work and actively seeking work, but unable to find employment
The state of being able to work, but choosing not to
The percentage of the labour force that is able and actively seeking work, but cannot find employment
The total number of people who do not work
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
a woman who lost her job due to a decrease in sales during a recession in the economy is...
frictionally unemployed
structurally unemployed
technologically unemployed
cyclically unemployed
seasonally unemployed
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
a student who just graduated from college and is waiting to start their new job is...
frictionally unemployed
structurally unemployed
technologically unemployed
cyclically unemployed
seasonally unemployed
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Cyclical unemployment
Describes recent college graduates
Lasts longer than 6 months
Describes employees moving from one job to another
Increases inflation Increases inflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is NOT a characteristic of an unemployed person?
He/she does not work
He/she has made specific efforts to find a job
He/she is laid off from a job in the succeeding months
He/she is undergoing a career change
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