Macroeconomics
Flashcard
•
Social Studies
•
9th - 12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Which type of unemployment is caused by employee skills that are obsolete and no longer needed?
Back
structural
2.
FLASHCARD QUESTION
Front
What type of unemployment is caused by contractions in the business cycle?
Back
cyclical
3.
FLASHCARD QUESTION
Front
An recent college graduate just entering the work force and searching for a job would be experiencing ______ unemployment.
Back
frictional
4.
FLASHCARD QUESTION
Front
Which of the following jobs would be considered seasonal?
snow plow driver, cashier at a grocery store, part-time veterinary tech, traveling nurse
Back
snow plow driver
5.
FLASHCARD QUESTION
Front
The Consumer Price Index measures:
Back
inflation rates
6.
FLASHCARD QUESTION
Front
Point A on the graph is:
Back
peak
7.
FLASHCARD QUESTION
Front
Point D on the graph is a period of: contraction, expansion, recession, decline
Back
expansion
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