Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how


Terms from Chapter 14

Unemployed those that have actively searched for work for the past 4 weeks but have not found work
employed those that have worked at least 1 hour in the past two weeks
labor force the number of employed and unemployed
unemployment rate percentage of labor force that are not employed
labor force participation rate percentage of the working age population classified as either employed or unemployed
employment-to-population ratio percentage of working age population that is classified as employed
marginally attached workers people that are ready and available to work that have searched for a job in the past 12 months but not in the past 4 weeks; therefore not included in official unemployment statistics
discouraged workers people that have given up the job search and are not officially classified as unemployed
U1 unemployment rate that includes those unemployed for 15 weeks or longer
U2 unemployment rate of those that have lost a job
U3 official unemployment rate
U4 the unemployment rate that adds the discouraged workers
U5 includes all marginally attached workers
U6 includes those listed in U1-U5 plus those employed part time
frictional unemployment voluntary unemployment that occurs when someone enters the labor force and looks for a job
structural unemployment unemployment caused by the permanent destruction of jobs
creative destruction the process of technological innovation and industrial decline that frees up the land, labor, capital, and entrepreneurship that can be employed in the new industry
efficiency wages wages that exceed the market wages
cyclical unemployement unemployment associated with the downturns in the business cycle
full employment the level of unemployment that exists when the economy is being productively efficient
natural rate of unemployment the rate of employment that exists when there in no cyclical unemployment present in the economy
Created by: jakeschiguy



Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards