Terms from Chapter 14
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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Unemployed | show 🗑
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employed | show 🗑
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show | the number of employed and unemployed
🗑
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unemployment rate | show 🗑
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show | percentage of the working age population classified as either employed or unemployed
🗑
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show | percentage of working age population that is classified as employed
🗑
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marginally attached workers | show 🗑
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discouraged workers | show 🗑
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show | unemployment rate that includes those unemployed for 15 weeks or longer
🗑
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show | unemployment rate of those that have lost a job
🗑
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U3 | show 🗑
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U4 | show 🗑
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U5 | show 🗑
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show | includes those listed in U1-U5 plus those employed part time
🗑
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frictional unemployment | show 🗑
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show | unemployment caused by the permanent destruction of jobs
🗑
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creative destruction | show 🗑
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show | wages that exceed the market wages
🗑
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cyclical unemployement | show 🗑
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full employment | show 🗑
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natural rate of unemployment | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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.
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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