Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
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. Your email address is only used to allow you to reset your password. See 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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

ecomics

QuestionAnswer
unemployed The who have actively searched for work but are not currently employed
Employed re those who have worked at least one hour in the previous two weeks
Labor force Number of employed persons plus the number of unemployed persons.
Unemployment rate Percentage of the labor force that is not currently employed.
Labor force participaton rate Is the percentage of the working age population classified as either employed or unemployed.
Employment to population rate Is the percentage of the working age population that is classified as employed.
Marginally attached workers People ready and available to work, who have conducted a hob search within the past twelve but have not searched in the past four weeks.
U3 to measure those who fall between the cracks of the official rate
U1 Only includes people unemployed fifteen weeks or longer.
U2 only includes people who have lost a job as opposed to those who have quit or those who have entered the labor force
U4 Discouraged workers to the official unemployment rate
U6 Includes all of the "U" above and those who are emplyed part time because of economic reasons.
U5 Includes all marginally attached workers
Frictional unemployment occurs when people voluntarily enter the labor fore or are between jobs they are qualified for.
Structural unemployment Occurs when job seekers' skill sets are not in demand because of geography or obsolescence.
Creative destruction When an industry or old technologies are replaced by new technologies. example workers with robots.
Efficiency wages Are those that exceed the equilibrium market wage. To encourage worker productivity
Cyclical unemployment Occurs because of contractions in the business cycle.
Full employment occurs when cyclical unemployment is not present in the economy.
Natural rate of unemployment exists when there is no cyclical unemployment present in the economy. Thought to be independent of the inflation rate.
Discouraged workers unemployed i the search in frustration.
Created by: Jarzate
Popular Economics sets

 

 



Voices

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:
Retries:
restart all cards