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Unemployment Practice Quiz

Quiz by Zadkiel Elder

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49 questions
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  • Q1
    Which of the following individuals will not be a part of the U.S. labor force?
    An unemployed computer worker who has given up looking for a job
    A person who is not working because of a labor dispute
    A college graduate seeking a job after graduation
    A person who can work only part-time
    30s
  • Q2
    When an economy is in a recession, the actual unemployment rate is
    Equal to zero
    Equal to the natural rate
    Greater than the natural rate
    Less than the natural rate
    30s
  • Q3
    A worker who recently moved to a new city and is looking for work would be categorized as _______ unemployment.
    natural
    structural
    frictional
    cyclical
    30s
  • Q4
    Some people are counted as out of the labor force because they are not actively looking for work. However, some of these people may want to work even though they are too discouraged to make serious effort to look for work. If these persons were counted as unemployed instead of out of the labor force,
    The unemployment rate would be higher and the labor-force participation rate would be lower.
    Both the unemployment rate and labor-force participation rate would be higher.
    The unemployment rate would be lower and the labor-force participation rate would be higher.
    None of the above are correct.
    30s
  • Q5
    Which employment sector does this belong to? Corn farmer
    not in labor force
    secondary
    primary
    tertiary
    30s
  • Q6
    Which sector does this employee belong to? Miner
    Tertiary
    Primary
    Not in labor force
    Secondary
    30s
  • Q7
    Which of the following types of unemployment is not seen as part of the natural rate of unemployment?
    Cyclical
    Frictional
    Seasonal
    Structural
    30s
  • Q8
    A recent graduate from law school is not accepting offers from various law firms because she wants to work for the right company. This is an example of which of the following?
    cyclical
    structural
    Frictional
    technological
    30s
  • Q9
    Which of the following would be an example of structural unemployment?
    An increase in the number of workers searching for better-paying jobs
    The elimination of jobs as a result of technological change
    The reduction of jobs due to seasonal changes in demand
    The temporary reduction of jobs during a downturn in the business cycle
    30s
  • Q10
    A country's population is 2000 people, and there are 950 people employed and 50 people unemployed. What is the unemployment rate?
    0.05
    0.07
    0.055
    0.025
    30s
  • Q11
    In country Z, the population is 100,000. The number of employed is 70,000, while the number of unemployed is 10,000. What is the unemployment rate?
    0.143
    0.125
    0.1
    0.8
    30s
  • Q12
    In Chicago the population is 8,206. The number of employed is 5,025 while the number of unemployed is 2,050. What is the unemployment rate?
    0.408
    0.8622
    0.6124
    0.2897
    30s
  • Q13
    If the eligible population is 300 million, the labor force participation rate is 50%, and the total number of unemployed is 50 million, then how many people are employed?
    100 million
    150 million
    250 million
    50 million
    30s
  • Q14
    Which of the following workers would be considered frictionally unemployed?
    A film developer who loses his job when everyone switches to digital cameras
    A worker who is working part-time, but wants to work full time
    A worker who is laid off when poor economic conditions lower economy-wide demand
    A recent college graduate looking for their first job
    30s
  • Q15
    If an actor or actress is replaced by a robot, under which type of unemployment would they fall?
    Seasonal
    Structural
    Cyclical
    Frictional
    30s

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