Mod 13 Quiz
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Easy
ARNOLDO GARCIA
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anna recently moved to Boston in order for her husband Joe to begin a new job as an economics professor at Harvard. Anna is an experienced surgeon who is currently interviewing with several different hospitals in Boston. Anna is currently:
seasonally unemployed.
structurally unemployed.
cyclically unemployed.
counted as employed since she is likely to receive a job offer soon.
frictionally unemployed.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment that occurs because it takes workers and employees time to find each other is called:
cyclical unemployment
structural unemployment
frictional unemployment
discouraged unemployment
natural unemployment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Structural unemployment is:
unemployment that results when there are more people seeking jobs than there are jobs available at the current wage rate.
unemployment experienced by those entering the labor force for the first time.
zero when the economy is in full employment.
caused by short run economic fluctuations.
the result of jobs that are predictably lost during certain parts of the calendar year.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The natural rate of employment is achieved when:
the actual rate of unemployment is equal to zero.
the natural rate of unemployment is equal to the frictional rate of unemployment.
the quantity of labor supplied is equal to the quantity of labor demanded.
there is no cyclical unemployment.
there is no cyclical unemployment and no frictional unemployment.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Use the “Effect of Minimum Wage” Figure 13-2. Suppose the labor market is in equilibrium at E when the government introduces a minimum wage of WF. One problem that may arise is that the quantity of labor supplied would ______, resulting in structural unemployment.
decrease to QD
stay at QE
increase to QS
stay at WE
decrease to zero.
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