Ch. 11.1-11.2- Unemployment & Inflation

The Unemployment Rate does not include which of the following:

There are levels of unemployment. Someone who was looking for work but gave up trying is __

There are levels of unemployment. Someone who is working part-time but would prefer full-time, or who is working a job below their ability/skill-set is ___

There are a few types of unemployment. Workers who lost their jobs due to poor economic conditions are part of ___ unemployment

Agricultural workers usually don't have work to do during the winter. This is known as ___ unemployment

There are a few types of unemployment. Workers who lost their jobs due to new technology that eliminated their job are part of ____ unemployment

When there is rise in prices due to lack of supply, meaning that the dollar "doesn't buy what it used to" there is __

Because there is too many people willing to buy homes in Southern California, housing prices continue to rise. This is called __

When prices rise due to the increased costs of running a production, there is __

When a company has to pay workers higher wages, it can lead to a rise in prices for their product. This is known as __