Exam 12: Business Cycles and Unemployment

Which of the following is a leading business cycle indicator?

Structural unemployment is unemployment caused by:

How do we measure economic growth?

A mismatch of the skills of unemployed workers and the skills required for existing jobs is defined as:

The natural rate of unemployment occurs if there is no:

When individuals are unemployed because they lack the qualifications to fill available jobs,this is called:

Cyclical unemployment refers to unemployment resulting from:

A person who voluntarily quits his/her job in New York and expects to get a similar job in Los Angeles is an example of:

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

Exhibit 12-2 Unemployment categories -The unemployment rate for the economy in Exhibit 12-2 is:

The government's main statistic for forecasting business cycles is the index of coincident indicators.

When people become unemployed because of a higher minimum wage,this type of unemployment is called:

Bob is unemployed because his skills have become obsolete due to technological advances.This is ____ unemployment.

The unemployment rate is the percentage of the civilian labor force that is unemployed but actively seeking work.

The unemployment rate will increase whenever there is a(n):

Unemployment that is caused by a mismatch of the demand for workers with certain skills and the skills of unemployed workers is:

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

Economic growth is measured by the annual percentage increase in a nation's level of:

Which one of the following people would not be considered a part of the civilian labor force?

The natural rate of unemployment exists when cyclical unemployment equals zero.