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Questions and Answers
Which type of unemployment occurs when people voluntarily enter the labor force or when they are between jobs for which they are qualified?
Which type of unemployment occurs when people voluntarily enter the labor force or when they are between jobs for which they are qualified?
- Seasonal unemployment
- Frictional unemployment (correct)
- Structural unemployment
- Cyclical unemployment
Which type of unemployment is considered both bad for the individual and costly to society?
Which type of unemployment is considered both bad for the individual and costly to society?
- Structural unemployment
- Frictional unemployment
- Cyclical unemployment (correct)
- Seasonal unemployment
Is 0% unemployment a good goal for society?
Is 0% unemployment a good goal for society?
- It depends on the type of unemployment
- It depends on the economic conditions
- Yes, it is a good goal
- No, it is not a good goal (correct)
Which type of unemployment occurs when there is a mismatch between the skills of workers and the available jobs?
Which type of unemployment occurs when there is a mismatch between the skills of workers and the available jobs?
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Which type of unemployment is caused by fluctuations in the business cycle?
Which type of unemployment is caused by fluctuations in the business cycle?
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