Exam 12: Business Cycles and Unemployment

Which of the following groups of people are counted as employed?

Economic indicators, like unemployment claims and the average workweek, which change before real GDP changes, are called:

Part-time workers who want full-time work are counted as only partially employed in the official unemployment statistic.

Which of the following percentages is closest to the long-run average growth rate for the U.S.? ​

Which of the following statements would come from someone classified as unemployed?

Of the four groups listed below, the highest unemployment rate is typically experienced by:

Which of the following demographic groups in the U.S. has the highest unemployment rates?

Which of the following is a lagging indicator?

Ryan Black does not work and has not looked for work because of a disability. He is:

Althea, a brilliant new Ph.D. in economics, has turned down many job offers because she hopes eventually to teach at one of the top 10 universities in her field. The type of unemployment she is experiencing is:

Unemployment caused by a recession is called:

A discouraged worker is one who:

When macroeconomics refers to "full employment," what do they mean?

The increase in unemployment associated with a recession is called:

Which one of the following persons would be considered unemployed?

Suppose the index of leading economic indicators begin to decline for several months. Which of the following economic events will likely follow?

Variables that change before real GDP changes are measured by the:

The primary cause of frictional unemployment is:

Which of the following is the correct formula for determining the civilian unemployment rate?

An example of frictional unemployment is a(n):