U5L2 HW Econ: Unemployment -

U5L2 HW Econ: Unemployment -

9th Grade

35 Qs

quiz-placeholder

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U5L2 HW Econ: Unemployment -

U5L2 HW Econ: Unemployment -

Assessment

Quiz

Business

9th Grade

Medium

Created by

Darek Tillman

Used 1+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The labor force and the unemployment rate are calculated by:

Counting only employed individuals.

Counting both employed and unemployed individuals actively seeking work.

Counting only unemployed individuals.

Counting all adults regardless of employment status.

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The three types of unemployment are:

Frictional, Structural, and Cyclical

Seasonal, Permanent, and Temporary

Voluntary, Involuntary, and Seasonal

Natural, Artificial, and Temporary

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Why is full employment not considered to be 0% unemployment?

Because some unemployment is always present due to frictional and structural factors.

Because everyone is always employed at full employment.

Because 0% unemployment is impossible in any economy.

Because full employment means no one is looking for a job.

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Unemployment is measured by:

The number of people employed

The number of people not in the labor force

The number of people actively seeking work but unable to find a job

The total population

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which of the following is NOT a requirement to be in the labor force?

At least 16 years old

Able and willing to work

Not institutionalized (in jails or hospitals)

In the military

Not in school full time or retired

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

According to the table 'Civilian unemployment rate, seasonally adjusted,' which demographic had the highest unemployment rate in Feb 2024?

Men, 20 years and over

Women, 20 years and over

16 to 19 years old

Asian

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

According to the table 'Civilian unemployment rate, seasonally adjusted,' fill in the blank: The unemployment rate for Asian individuals in Mar 2024 was ___

2.6

3.8

4.5

1.9

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