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10th Grade

15 Qs

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Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Louise Lynch

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A labor force of 20 million people has 18.5 million people employed. Find the unemployment rate.

10%

8.5%

7.5%

6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If operators are fired and replaced with computer technology, the operators would be considered

frictionally unemployed

structurally unemployed

cyclically unemployed

dissatisfiededly unemployed dissatisfiededly unemployed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The unemployment rate is the ratio of

unemployed to labor force

employed to labor force

seeking employment to labor force

dissatisfied to labor force

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Seasonal unemployment

Describes recent college graduates

Is predictable

Is a result of changes in technology

Slows the economy Slows the economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The unemployment rate will drop if

A person is hired into a new job

Someone who was previously laid off is rehired

An unemployed person stops looking

ALL of these answers are CORRECT

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these people is officially unemployed

A secretary who took 6 months off for maternity leave

An aspiring actress who waits tables but would rather act

Maid who got fired and will start a new job in 2 weeks

A student who only works 4 hours a week in the library

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these people is officially unemployed

A secretary who took 6 months off for maternity leave

An aspiring actress who waits tables but would rather act

Maid who got fired and will start a new job in 2 weeks

A student who only works 4 hours a week in the library

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