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标题: Reading 22: Monitoring Jobs and the Price Level - LOS c ~ [打印本页]

作者: mayanfang1    时间: 2009-1-15 13:51     标题: [2009]Session 5 - Reading 22: Monitoring Jobs and the Price Level - LOS c ~

Q6. Unemployment can be divided into the following three categories:

A)   Frictional, seasonal, cyclical.

B)   Frictional, cyclical, structural.

C)   Technical, frictional, seasonal.

Q7. Which of the following is NOT a type of unemployment?

A)     Frictional.

B)     Temporal.

C)     Structural.

Q8. At full employment:

A)     cyclical unemployment is zero.

B)     structural unemployment is zero.

C)     frictional unemployment is zero.

Q9. Which type of unemployment describes situations where qualified workers are not immediately matched with existing job openings?

A)    Structural.

B)    Frictional.

C)    Cyclical.

Q10. Cyclical unemployment is closely associated with:

A)   fluctuations in the natural rate of unemployment.

B)   short-run fluctuations in the economy.

C)   long-term economic growth.


作者: mayanfang1    时间: 2009-1-15 13:52

答案和详解如下:

Q6. Unemployment can be divided into the following three categories:

A)   Frictional, seasonal, cyclical.

B)   Frictional, cyclical, structural.

C)   Technical, frictional, seasonal.

Correct answer is B)

Unemployment can be divided into frictional, cyclical, or structural unemployment.

Q7. Which of the following is NOT a type of unemployment?

A)     Frictional.

B)     Temporal.

C)     Structural.

Correct answer is B)

There are only three types of unemployment: frictional, cyclical, and structural.

§            Frictional unemployment is due to constant changes in the economy that prevent qualified workers from being immediately matched with existing job openings.

§            Cyclical unemployment is when the economy is operating at less than full capacity.

§            Structural unemployment is due to structural changes in the economy that eliminate some jobs while generating job openings for which unemployed workers are not qualified.

Q8. At full employment:

A)     cyclical unemployment is zero.

B)     structural unemployment is zero.

C)     frictional unemployment is zero.

Correct answer is A)

When the economy is operating at less than full capacity, positive levels of cyclical unemployment will be present. At levels above full capacity negative cyclical unemployment will exist.

Q9. Which type of unemployment describes situations where qualified workers are not immediately matched with existing job openings?

A)    Structural.

B)    Frictional.

C)    Cyclical.

Correct answer is B)

Frictional unemployment will prevent qualified workers from being immediately matched with existing job openings. Two causes are imperfect information and the job search conducted by both employers and employees.

Q10. Cyclical unemployment is closely associated with:

A)   fluctuations in the natural rate of unemployment.

B)   short-run fluctuations in the economy.

C)   long-term economic growth.

Correct answer is B)

Cyclical unemployment is caused by a change in the general level of economic productivity and occurs when the economy is not operating at full employment. Like a recession, cyclical unemployment is a short-run phenomenon. Frictional and structural unemployment exist even when the economy is operating a full employment, and thus are considered long-run types of unemployment.


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