Honors Econ. study terms
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Labor force participation | show 🗑
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| show | Percentage of the working age population that is classified as employed
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| Marginally attached works | show 🗑
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| show | Unemployed in general sense; Full time workers have lost jobs because of part time
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| show | Occurs when people voluntarily enter the labor force, or when they are between jobs for which they qualify.
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| Structural unemployment | show 🗑
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| Creative destruction | show 🗑
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| Cyclical unemplyment | show 🗑
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| Full Employment | show 🗑
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| show | if they have actively searched for work in the last 4 week but are not currently employed.
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| employed | show 🗑
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| labor force | show 🗑
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| unemployment rate | show 🗑
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| show | suggests that in the long run there is a level of unemployment that the economy maintains independent of the inflation rate.
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| show | To measure those who fall between the cracks of the official rate
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| show | Only includes people unemployed fifteen weeks or who have quit or those who have entered or re-entered the labor force.
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| show | Only includes people who have lost a job as opposed to those adds discouraged workers to the official unemployment rate.
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| U4 | show 🗑
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| U5 | show 🗑
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| U6 | show 🗑
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| Efficiency wages | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Mercy-benz
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