Labor and Employment Review
Authored by Bailey Woodard
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12th Grade
Used 2+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Inflation
not having the income/resources to maintain a minimum standard of living
sustained increase in prices and/or decrease in purchasing power of money
percentage of workforce that is jobless and actively looking for work
2.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Underemployment
knowledge/skills that enable workers to be productive
part-time workers who want to work full-time or people working below their skill level
percentage of workforce that is jobless and actively looking for work
3.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Human Capital
knowledge/skills that enable workers to be productive
part-time workers who want to work full-time or people working below their skill level
percentage of workforce that is jobless and actively looking for work
4.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Unemployment Rate
knowledge/skills that enable workers to be productive
sustained increase in prices and/or decrease in purchasing power of money
percentage of workforce that is jobless and actively looking for work
5.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Poverty
not having the income/resources to maintain a minimum standard of living
sustained increase in prices and/or decrease in purchasing power of money
percentage of workforce that is jobless and actively looking for work
6.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Unemployment that comes from changing jobs or industries
frictional
seasonal
structural
cyclical
7.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Unemployment caused by decreased economic activity
frictional
seasonal
structural
cyclical
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