Exam 11: Unemployment and Labor Force Participation

Which of the following tends to increase unemployment?

The natural unemployment rate is the rate of _____ unemployment plus the rate of _____ unemployment.

Structural unemployment is caused by:

What are the different types of unemployment? Which type of unemployment is most likely to be higher during a recession? Explain your answers briefly.

Oil shocks,the shift from manufacturing to service jobs,and the use of new technologies are reasons for _____ unemployment.

When the unemployment rate is equal to the natural rate,cyclical unemployment is zero.

Other things being equal,an increase in the number of discouraged workers raises the unemployment rate.

In a recession,the actual rate of unemployment in an economy is equal to its natural rate of unemployment.

Which of the following does NOT raise structural unemployment?

Structural unemployment has been more of a problem in the United States than in Europe.

Frictional unemployment is best defined as:

The unemployment rate tends to move inversely with real GDP growth in an economy.

Active labor market policies:

Changing demographics,cultural attitudes about women,and government tax policies all affect:

Both highly specialized workers and highly specialized jobs might increase frictional unemployment.

Which of the following is TRUE of frictional unemployment?

The natural unemployment rate fluctuates very little over time.

More labor regulations are likely to raise structural unemployment.

The most basic U.S.employment law stipulating that an employee may quit and employer may fire at any time and for any reason is called:

Which of the following would NOT be counted as employed?