Unemployment Quiz
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Questions and Answers

Which type of unemployment occurs as a result of the business cycle?

  • Seasonal unemployment
  • Frictional unemployment
  • Structural unemployment
  • Cyclical unemployment (correct)

    • Which type of unemployment occurs when people are between jobs?

  • Cyclical unemployment
  • Structural unemployment
  • Seasonal unemployment
  • Frictional unemployment (correct)

    • What is one reason why people may experience frictional unemployment?

  • Decrease in demand for goods and services
  • Lack of skills or qualifications
  • Taking time off to raise children (correct)
  • Changes in government policies

    • Which type of unemployment is considered a natural part of the economy?

    <p>Frictional unemployment</p> Signup and view all the answers

    What happens to businesses during cyclical unemployment?

    <p>They lay off workers to cut costs</p> Signup and view all the answers

    Which type of unemployment occurs when there is a decline in economic activity?

    <p>Cyclical unemployment</p> Signup and view all the answers

    What is one reason why people may experience frictional unemployment?

    <p>Graduating from school or college</p> Signup and view all the answers

    When do businesses have to lay off workers during cyclical unemployment?

    <p>When there is a decrease in demand for goods and services</p> Signup and view all the answers

    What is one reason why people may experience structural unemployment?

    <p>Technological advancements</p> Signup and view all the answers

    Which type of unemployment is considered a natural part of the economy?

    <p>Frictional unemployment</p> Signup and view all the answers

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