Macroeconomics Unemployment

Macroeconomics Unemployment

12th Grade

24 Qs

quiz-placeholder

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Macroeconomics Unemployment

Macroeconomics Unemployment

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Christopher Daniel Bringer

Used 4+ times

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which answer below is NOT a goal of Macro-economics?

Price Stability

Economic Growth

Full Employment

Stock Market Saturation

2.

MATCH QUESTION

1 min • 1 pt

Match the following benchmarks to the goals below.

Increase each year.

Full Employment

2%-3%

Economic Growth - GDP

4%-6%

Price Stability - Inflation Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Country A has 12000 unemployed people and has 275,000 people in the work force, what is the unemployment rate of this country?

4.3%

1.9%

3.5%

44%

4.

MATCH QUESTION

1 min • 1 pt

Match the following unemployment types

Jobs affected by seasons

Cyclical

Temporary unemployment during job search

Seasonal

Economic downturns affecting jobs

Frictional

Mismatch between skills and job requirements

Structural

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Tami works at the Regal Movie Theatres. Unfortunately, she did not listen in Economics class and she struggles to work the new movie sound system software that is required of her job. Tami is fired for not having the skills to work her job. What type of Unemployment is this?

Seasonal

Cyclical

Frictional

Structural

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Billy Bob didn't like the way he was treated at Tesla, so he decided to quit and go find a job somewhere else. What type of unemployment is this?

Frictional

Seasonal

Cyclical

Structural

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Caleb, lost his job at River Street Sweets, when the building was destroyed during Hurricane Tami. What type of unemployment is this?

Structural

Cyclical

Seasonal

Frictional

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