Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
ECON - Unit 4B
Test Description: SSEMA1bc
Instructions: Answer all questions to get your test result.
1) The unemployment rate is calculated by:
A
the Bureau of Labor Statistics
B
Congress
C
the FED
D
the Department of the Treasury
2) Which of the following groups would be considered employed?
A
people who are not actively seeking employment
B
people in prison
C
people under the age of 16
D
people who work part-time
3) Which type of unemployment is caused by an overall downturn in the economy?
A
frictional
B
seasonal
C
structural/technological
D
cyclical
4) Which type of unemployment occurs when graduates are looking for jobs and when people leave their current jobs to look for new ones?
A
cyclical
B
frictional
C
structural/technological
D
seasonal
5) Which type of unemployment happens when the human capital does not match the needs of the labor market?
A
seasonal
B
frictional
C
structural/technological
D
cyclical
6) Which type of unemployment occurs when human capital is only needed during specific times of the year?
A
cyclical
B
seasonal
C
frictional
D
structural/technological
7) The U.S. is considered to be fully employed when the unemployment rate is:
A
between 1% and 3%
B
####
C
between 4% and 6%
D
at 0%
8) A graph that shows how economic activity fluctuates over time is called:
A
supply and demand
B
the business cycle
C
monetary policy
D
circular flow
9) As the economy enters a phase of expansion:
A
it is also recovering
B
####
C
it is at the trough
D
there is a recession occurring
10) A recession occurs when:
A
there are six months of contraction
B
there are two months of contraction
C
there is one year of contraction
D
####
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?