Ch 13 Quiz

Your first and last name

True or False- Civilian labor force everyone age 18+ who is employed or seeking employment

• True
• False

The establishment of a minimum wage help employees by doing what?

• It was designed to help people provide for their own retirement.
• It was designed to help people who were temporarily out of work.
• It was designed to help people who wanted to own stocks.
• It was designed to help prevent working people from getting exploited by employers.

Categorize the type of unemployment- Changes in the economy reduce demand for workers and their skills

• frictional
• seasonal
• structural
• tech

True or False- The unemployment rate counts those too discouraged to look for work or those who have only a PT job

• True
• False

_______sum of the monthly inflation and unemployment rates

• sadness summation
• GDP per capita
• quantifying quota
• misery index

True or False- Recession, inflation, and unemployment does not lead to higher crime rates, higher poverty, and more domestic problems.

• True
• False

Zero unemployment is not an achievable goal in a ________

• command economy
• market economy
• traditional economy
• dictatorship

True or False- Underemployment includes working at a job where people are underqualified or working part time jobs

• True
• False

A worker receiving _______ faces somewhat less financial pressure to find a new job immediately.

• unemployment insurance
• Social Security
• G.I. Bill
• Medicaid