1. Unemployment resulting from the decline of an industry, that is often localized, is known as:

Unemployment

1. Unemployment resulting from the decline of an industry, that is often localized, is known as:

a) frictional b) voluntary c) seasonal d) cyclical

2. Which best describes structural unemployment?

a) Unemployed workers have the wrong skills for the available jobs

b) When people make temporary changes of job

c) Students are unable to find work during their holidays

d) When a rise in the exchange rate causes demand for exports to fall

3. Which of the following could increase employment?

a) A reduced budget deficit

b) Less quantitative easing

c) Expansionary fiscal policy

d) Tight monetary policy

4. The loss of British jobs in sectors such as coal mining and textile manufacturing is an example of:

a) Frictional unemployment b) cyclical c) structural d) seasonal

5. Cyclical unemployment refers to unemployment

a) Resulting from the long-term decline of an industry

b) Which occurs at particular times of the year

c) Which occurs during recessions and slowdowns

6. Identify the group of employees who would be most likely to experience seasonal unemployment

a) Supermarket managers

b) Tour operator reps

c) Train drivers

d) Newspaper reporters

7. The unemployment rate is the

a) Percentage of the population that is out of work

b) number of workers unemployed

c) percentage of the labor force that is out of work

d) number of workers in the labor force

8. Which of these industries is least likely to experience seasonal unemployment?

a) Tourism

b) Farming

c) House-building

d) Financial services

9. Which of the actions below might help businesses avoid making people redundant

a) Implement a pay cut

b) Withdraw flexible working options

c) Rationalize production capacity

d) Introduce full-time working

10. Which is the main cause of a cyclical unemployment?

a) A lack of skills amongst the workforce

b) The effect of changing technology

c) A reduction in aggregate demand in the economy

d) Wages that re too high

1 1.	To be counted as unemployed in our society, a person must be:

A.	An illegal immigrant

B.	Without work

C.	Uneducated

D.	When you don't have a regular income

12.	When do unemployment rates increase?

A.	In periods of economic recession

B.	When there is an economic boom

C.	When interest rates rise

D.	When the NBA goes into lockout

13.	Unemployment can rise from:

A.	Introduction of technology

B.	Employers not wanting to hire

C.	Family issues

D.	a fall in consumer spending which increases in the demand for workers

14.	What is the current unemployment rate in Australia?

A.

100%

B.

8.9%

C.

5.6%

D.

5.2%

15.	What could an alternate name for unemployment be?

A.

Jobless

B.

Moneyless

C.

Workfree

D.

Jobfree

16.	Which country has the highest unemployment rate?

A.

Argentina

B.

USA

C.

UK

D.	Turkmenistan

17.	Unemployment occurs in almost every country

A.

True

18.	Unemployment increases during periods of economic recession.

A.

True

B.

False

Дата добавления: 2015-11-05