how can a person who is structurally unemployed get a better job

high-tech education or training

what is a result of rising income

consumers will buy more and GDP will increase

why is state supported welfare better than private supported welfare

private are able to help far fewer than state programs

what does the unemployment rate tell economists

a falling rate suggests the economy is improving

both parents working but still under the poverty limit are

below the limit so they will still receive assistance

someone who receives Temporary Assistance to Needy Families

must find work within a specified time period

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eco 2nd 9 weeks pt 2

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eco

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Questions 10

Answers

1
someone who quits their job to look for a better one
cyclical
involuntary
frictional
structural
2
how can a person who is structurally unemployed get a better job
look online for high-tech jobs
high-tech education or training
live on welfare
work at a restaurant and hope
3
when discussing "capacity" of a borrower; what does a lender talking about
previous credit history
the ability to repay the loan
other credit charges
savings, investments or other property
4
what is a result of rising income
consumers will buy more and GDP will increase
money supply will increase
businesses will have less money
high incomes lead to a recession
5
worst economic period in history
great inflation
great expansion
great recession
great depression
6
why is state supported welfare better than private supported welfare
private are unsuccessful and cost more
private cannot adapt to changing conditions like the state
private are able to help far fewer than state programs
private resolve the problem of hunger
7
what does the unemployment rate tell economists
a stagnant rate suggests the economy is improving
a falling rate suggest the economy is getting worse
a falling rate suggests the economy is improving
a rising rate suggests the economy is improving
8
both parents working but still under the poverty limit are
eligible for unemployment
make too much money
below the limit so they will still receive assistance
no longer eligible because both work
9
someone who receives Temporary Assistance to Needy Families
will no long receive cash payments
has to find a job immediately
no longer receives rent vouchers
must find work within a specified time period
10
a skilled auto worker who was laid off as demand declined; type of unemployment
structural
seasonal
cyclical
frictional

eco 2nd 9 weeks pt 2 Flashcards | StudBud