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CH 14 Econ Test

Enter the letter for the matching Answer
incorrect
1.
Marginally attached workers
incorrect
2.
U3
incorrect
3.
unemployed
incorrect
4.
U5
incorrect
5.
labor force participation rate
incorrect
6.
U4
incorrect
7.
U1
incorrect
8.
U6
incorrect
9.
U2
incorrect
10.
natural rate of unemployment
incorrect
11.
Employment to population ratio
A.
the official unemployment rate
B.
unemployment rate that adds discouraged workers to the official unemployment rate
C.
the percentage of the working age population that is classified as employed
D.
not having a job
E.
the labor force divided by the working age population
F.
people ready and available to work, who have conducted a job search within the past twelve months, not search in four weeks
G.
unemployment rate that includes all marginally attached workers
H.
The rate of unemployment that exists when there is no cyclical unemployment present in the economy.
I.
includes people unemployed fifteen weeks or longer
J.
unemployment rate that only includes people who have lost a job as opposed to those who have quit.
K.
the most all inclusive measure of unemployment.
Type the Question that corresponds to the displayed Answer.
incorrect
12.
Voluntary unemployment that occurs when a person enters the labor force and looks for a job. Recent graduate looking for her first time job
incorrect
13.
exceed the equilibrium market wages
incorrect
14.
As one industry is being born, another dies or is destroyed.
incorrect
15.
Unemployment associated with downturns in a business cycle.
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16.
the condition of having a job
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17.
Unemployment that is caused by the permanent destruction of jobs in a dying industry, a mismatch between the skills necessary for employment and the seekers skill sets.
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18.
The level of employment that exists when the economy is being productively efficient
incorrect
19.
the unemployment rate is equal to the number of unemployed persons divided by the number of people in the labor force.
incorrect
20.
number of employed plus unemployed people age sixteen and over
incorrect
21.
unemployed in the general sense

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