Econ dev midterm exam

Econ dev midterm exam

KG

20 Qs

quiz-placeholder

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Econ dev midterm exam

Econ dev midterm exam

Assessment

Quiz

Other, Business

KG

Hard

Created by

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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