Unemployment Quiz Review Question Preview (ID: 13195)
Review For Unemployment Quiz.
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How long is an individual allowed to collect unemployment benefits?
a) 99 weeks
b) 1 year
c) 3 years
d) 55 weeks
Having full employment (0% unemployment rate) would actually be bad for a country.
a) True
b) False
c) Not this one
d) Not this one
The unemployment rate in the United States is actually an inaccurate picture of how many individuals aren't working.
a) True
b) False
c) Not this one
d) Not this one
Which person is an example of someone who frictionally unemployed?
a) Minnesota lifeguard in the winter
b) A teacher in the summer
c) A engineer who quit their last and start another in 2 months
d) A welder who got laid-off due to the economy
Who isn't in the labor force?
a) Stay at home mom
b) Retired grandma who volunteers
c) College student who doesn't work
d) All of the choices
To be counted as unemployed, out of work employees can't be working (even part-time or temporary), they are available to work, & they actively looked for work in the past 4 weeks.
a) True
b) False
c) Not this one
d) Not this one
Who is your favorite teacher?
a) Mr. Scherer
b) Mr. Potato Head
c) Mrs. Make Me Sleep
d) Mrs. Monotone Teacher
Structural unemployment occurs when...
a) workers' skills no longer meet the needs of the job market.
b) workers' lose their job due to bad economies.
c) workers' skills aren't needed in this season of the year.
d) All of the choices
Every US citizen is part of the United States' labor force?
a) True
b) False
c) Not this one
d) Not this one
There are four million long-term unemployed in the U.S.
a) True
b) False
c) Not this answer
d) Not this answer
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