#1
Which of the following types of unemployment occurs when individuals are between jobs or are searching for their first jobs?
Frictional unemployment
Cyclical unemployment
Structural unemployment
Seasonal unemployment
#2
What is the term used to describe the unemployment that occurs due to changes in the structure of the economy?
Frictional unemployment
Cyclical unemployment
Structural unemployment
Seasonal unemployment
#3
According to the International Labour Organization (ILO), which of the following categories of individuals are considered as unemployed?
People who are retired
People who are not actively seeking employment
People who are working part-time
People who are able and willing to work but cannot find a job
#4
Which of the following is NOT a type of unemployment?
Frictional unemployment
Inflationary unemployment
Structural unemployment
Seasonal unemployment
#5
Which of the following is NOT a consequence of unemployment on individuals?
Financial strain
Decreased self-esteem
Increased leisure time
Poor mental health
#6
Which of the following is NOT a cause of frictional unemployment?
Voluntary job quits
Technological advancements
Temporary layoffs
Seasonal fluctuations
#7
What is the name given to the unemployment that occurs due to decreases in aggregate demand during economic downturns?
Frictional unemployment
Cyclical unemployment
Structural unemployment
Seasonal unemployment
#8
Which of the following is a consequence of long-term unemployment?
Decreased poverty rates
Increased job search motivation
Loss of skills and employability
Improved mental health
#9
What is the term used to describe the situation where individuals are employed but are willing to work more hours if given the opportunity?
Underemployment
Overemployment
Full employment
Unemployment
#10
What is the term used to describe the phenomenon where the unemployment rate remains persistently high despite economic recovery?
Natural unemployment
Structural unemployment
Cyclical unemployment
Stagnant unemployment
#11
In which phase of the business cycle is unemployment typically at its lowest?
Peak
Trough
Expansion
Contraction
#12
Which of the following government policies aims to reduce cyclical unemployment during economic downturns?
Monetary policy
Fiscal policy
Trade policy
Industrial policy
#13
What is the name given to the phenomenon where individuals become discouraged and stop seeking employment due to repeated rejections?
Structural unemployment
Cyclical unemployment
Discouraged worker effect
Underemployment
#14
Which of the following statements is true about the Phillips curve?
It shows a positive relationship between inflation and unemployment.
It shows a negative relationship between inflation and unemployment.
It is irrelevant in modern macroeconomics.
It predicts stagflation in the long run.
#15
What is the name given to the unemployment that occurs when individuals lack the necessary skills for available jobs?
Cyclical unemployment
Frictional unemployment
Structural unemployment
Voluntary unemployment