A rise in unemployment will lead to government:

Increase in spending in transfer payments

Which of the following is a cause higher levels of unemployment:

A decrease in trade union bargaining power

If leakages EXCEED injections which of the following will occur:

Lower employment in the economy

Which of the following is NOT a type of seasonal employment:

An increase in the number of skilled migrants

Which is a feature of regional unemployment:

Oneor two major industries reduce demand for labour

Which is NOT a solution to a labour skills shortage:

Higher priced educational services

Those who are underemployment are people who…

Working part time/casual but would prefer more employment

If the demand for labour exceeds the supply oflabour:

The wage rate will rise, employment will rise

What is NOT a feature of hardcore employment:

A person preoccupied with having children

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Year 11 Economics - Unemployment

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Year 11 Economics employment and unemployment Quiz!

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Questions 12

Answers

1
A rise in unemployment will lead to government:
Loosening monetary policy
Increase in spending in transfer payments
Increase in taxation
Equilibrium of demand and supply in labour markets
2
Which of the following is a cause higher levels of unemployment:
Deficiency in total level of spending
Deficiency in aggregate demand
A increase in the price of labour relative to capital
A decrease in trade union bargaining power
3
If leakages EXCEED injections which of the following will occur:
Higher employment in the economy
Lower employment in the economy
Derived lowered demand ONLY in primary markets
Employment of the economy is at equilibrium
4
Which of the following is NOT a type of seasonal employment:
Lemonadestand
Skiing instructors
An increase in the number of skilled migrants
Retail of sunglasses
5
What of the following factors would NOT lead to a decrease in unemployment?
Increase in population within an economy
Upswing in the business cycle
Unemployment of resources
Excessive demand for labour
6
Which of the following would lead to a rise in unemployment?
S =I
S> I
C =I
S< I
7
Which is a feature of regional unemployment:
Five or more industries experience external economies scale
Five or more industries experience internal economies scale
Oneor two major industries reduce demand for labour
One or two major industries experience shortage of labour
8
Which is NOT a solution to a labour skills shortage:
Incentives for younger & females for more education/trainin
Higher priced educational services
Increase in labour force participation
Increase in skilled migrants
9
Those who are underemployment are people who…
Working part time/casual, would prefer working full time
Working part time/casual but would prefer more employment
Unemployedand actively seeking work
Working part time/casual job, but would prefer a second job
10
Which is NOT a microeconomic factor influencing the demand for labour:
General wage rate
The nature and size of the industry
The productivity of labour
The rate of entrepreneurial expectations
11
If the demand for labour exceeds the supply oflabour:
The wage rate will fall, employment will fall
The wage rate will rise, employment will rise
The wage rate will rise, employment decrease
The wage rate will fall, employment increase
12
What is NOT a feature of hardcore employment:
A person preoccupied with having children
A person with a criminal record
A person with poor physical appearance
A person with a mental disorder making them unfit for work

Year 11 Economics - Unemployment Flashcards | StudBud