Which of the scenarios is NOT a natural form of unemployment?

Tom's bank laid him off due to a recession

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IB Econ Review Ch 13: Unemployment

13 termsStudBud Administration201 plays

#economics #unemployment

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Questions 13

Answers

1
This graph demonstrates the trade off between inflation and unemployment
Laffer Curve
lmao who even cares
Lorenz Curve
Phillips Curve
2
Which of the following is NOT a possible effect of unemployment?
Decrease in government revenue
Loss of household income
Decrease in general public welfare
Increased public dissent
3
Calculate the unemployment rate: 40 thousand unemployed workers, 200 thousand in labor force
20%
0.2%
15%
5%
4
Cyclical unemployment occurs if
SRAS shifts right
AD shifts left
LRAS shifts left
AD shifts right
5
What is unemployment?
The state of being unable to find said work
The state of actively searching for work
The state of not having work
All of the above
6
What is unemployment naturally occurring as demand for certain goods and services fall?
Structural Unemployment
Cyclical Unemployment
Seasonal Unemployment
Frictional Unemployment
7
Who is your boy
J O S H
Josh?
Not Josh
Josh
8
Which of the scenarios is NOT a natural form of unemployment?
Free trade agreements caused Ashwin's firm to shut down
Kevin cannot find a job suitable for his skill level
Sai is an agricultural worker, not needed in this season
Tom's bank laid him off due to a recession
9
Which of these is not a demand side response to unemployment?
Cutting interest rates
Cutting income taxes
Cutting corporate taxes
A stimulus package to all households
10
What is the unemployment naturally occurring between jobs or following graduation?
Underemployment
Frictional Unemployment
Cyclical Unemployment
Structural Unemployment
11
Natural employment is the point where
AD intersects the Y-axis
LRAS intersects AD2
AD2 intersects SRAS
AD intersects SRAS
12
What is the state of working with jobs that do not make full use of one's skills or education?
Malemployment
Hidden Unemployment
Underemployment
Unemployment
13
Which of these is not a supply-side response to unemployment?
Increasing Education
Cutting interest rates
Limiting labor unions
Repealing Minimum Wage

IB Econ Review Ch 13: Unemployment Flashcards | StudBud

IB Econ Review Ch 13: Unemployment

13 termsStudBud Administration201 plays

#economics #unemployment

Flashcards13 cardsFPractice quizPHost liveL

Questions 13

Answers

1
This graph demonstrates the trade off between inflation and unemployment
Laffer Curve
lmao who even cares
Lorenz Curve
Phillips Curve
2
Which of the following is NOT a possible effect of unemployment?
Decrease in government revenue
Loss of household income
Decrease in general public welfare
Increased public dissent
3
Calculate the unemployment rate: 40 thousand unemployed workers, 200 thousand in labor force
20%
0.2%
15%
5%
4
Cyclical unemployment occurs if
SRAS shifts right
AD shifts left
LRAS shifts left
AD shifts right
5
What is unemployment?
The state of being unable to find said work
The state of actively searching for work
The state of not having work
All of the above
6
What is unemployment naturally occurring as demand for certain goods and services fall?
Structural Unemployment
Cyclical Unemployment
Seasonal Unemployment
Frictional Unemployment
7
Who is your boy
J O S H
Josh?
Not Josh
Josh
8
Which of the scenarios is NOT a natural form of unemployment?
Free trade agreements caused Ashwin's firm to shut down
Kevin cannot find a job suitable for his skill level
Sai is an agricultural worker, not needed in this season
Tom's bank laid him off due to a recession
9
Which of these is not a demand side response to unemployment?
Cutting interest rates
Cutting income taxes
Cutting corporate taxes
A stimulus package to all households
10
What is the unemployment naturally occurring between jobs or following graduation?
Underemployment
Frictional Unemployment
Cyclical Unemployment
Structural Unemployment
11
Natural employment is the point where
AD intersects the Y-axis
LRAS intersects AD2
AD2 intersects SRAS
AD intersects SRAS
12
What is the state of working with jobs that do not make full use of one's skills or education?
Malemployment
Hidden Unemployment
Underemployment
Unemployment
13
Which of these is not a supply-side response to unemployment?
Increasing Education
Cutting interest rates
Limiting labor unions
Repealing Minimum Wage