Econ 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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| show | a person 16 years or older is considered unemployed if they have been actively looking for a job or the past 4 weeks
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| Who is considered employed? | show 🗑
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| show | number of employed persons plus number of unemployed persons
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| Unemployment rate | show 🗑
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| Employment-to-population ratio | show 🗑
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| Marginally attached workers | show 🗑
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| show | people who have given up job search
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| U3 | show 🗑
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| U1 | show 🗑
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| show | Unemployment rate that only includes those who have lost their jobs, not those who have quit or re-entered the labor force
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| show | adds discouraged workers to the official unemployment rate
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| show | includes all marginally attached workers in the unemployment rate
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| U6 | show 🗑
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| show | voluntary unemployment the occurs when someone enters the labor force to look for a job
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| Structural unemployment | show 🗑
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| show | unemployment cause by the permanent destruction of jobs in a dying industry, a mismatch between skill sets between employment and the seekers'skill sets, and government programs that create incentives to remain unemployed
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| show | wages that are above the equilibrium market wage- can play a role in unemployment
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| Cyclical unemployment | show 🗑
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| show | the level of employment the occurs that exists when the economy is being productively efficent
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| Natural rate of unemployment | show 🗑
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| Labor force participation rate | 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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Created by:
martyfran14
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