QUIZ 5 31/01/22, 9:11 AM

Macroeconomics(MACRO)
Term II
Question 1 Policies that reduce the time it takes
Not yet answered unemployed workers to find new jobs

Marked out of
Select one:
1.00
a.
d. cannot reduce frictional
unemployment but can reduce non-
structural unemployment.

b.
can reduce both frictional
unemployment and non-structural
unemployment.

c.
can reduce frictional unemployment
but not non-structural unemployment.

d.
c. cannot reduce frictional
unemployment and cannot reduce
non-structural unemployment.

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QUIZ 5 31/01/22, 9:11 AM

Question 2 4. Which of the following does not

Not yet answered contribute to creating unemployment:
Marked out of
1.00

Select one:
a.
a. efficiency wages

b.
c. minimum-wage laws

c.
d. unions

d.
b. job search

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QUIZ 5 31/01/22, 9:11 AM

Question 3 10. Frictional unemployment can be

Not yet answered the consequence of
Marked out of
1.00

Select one:
a.
a. workers leaving existing jobs to
find ones they like better.

b.
b. one industry declining while
another is growing.

c.
c. changes in the working conditions
offered by competing firms.

d.
d. All of the above are correct.

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QUIZ 5 31/01/22, 9:11 AM

Question 4 9. Muhaba, who has just finished

Not yet answered his degree and is looking for a suitable
Marked out of job, so she is being counted in the:
1.00

Select one:
a.
c. frictionally unemployed.

b.
a. structurally unemployed.

c.
b. permanently unemployed.

d.
d. None of the above.

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QUIZ 5 31/01/22, 9:11 AM

Question 5
Not yet answered
7. Minimum-wage laws and unions
Marked out of
1.00

Select one:
a.
c. cause wages to be above the
equilibrium level.

b.
b. cause the quantity of labor supplied
to exceed the quantity of labor
demanded.

c.
a. cause unemployment.

d.
d. prevent firms from lowering wages
in the presence of a surplus of
workers.

Question 6 . People who are not in the labour force

Not yet answered are people who are not employed and not
unemployed:
Marked out of
1.00
Select one:
True

False

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QUIZ 5 31/01/22, 9:11 AM

Question 7 2. The unemployment rate is defined as:

Not yet answered

Marked out of
1.00 Select one:
a. The ration between the number
of employed and the labour force
times 100.

b. The ration between the number

of people in the labour force and the
working age population times 100.

c. The ration between the number

of people in the labour force and the
adult population times 100.

d. The ration between the number

of unemployed and the labour force
times 100.

Question 8 6. If there were no factors keeping

Not yet answered wages from reaching equilibrium then
Marked out of there would be no
1.00

Select one:
a.
a. cyclical unemployment.

b.
d. natural rate of unemployment.

c.
b. frictional unemployment.

d.
c. structural unemployment.

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QUIZ 5 31/01/22, 9:11 AM

Question 9 8. People who are unemployed

Not yet answered because wages areabove the “wage level
Marked out of equilibrium”:
1.00

Select one:
a.
c. frictionally unemployed.

b.
d. discouraged workers.

c.
a. cyclically unemployed.

d.
b. structurally unemployed.

Question 10
Not yet answered
5. Efficiency wages contribute to
Marked out of
1.00

Select one:
a.
d. none of the above.

b.
b. frictional unemployment.

c.
a. non-structural unemployment.

d.
c. structural unemployment.

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QUIZ 5 31/01/22, 9:11 AM

◀ Topic 4 - Topic 5 - Savings

Unemployment ▶︎

Return to: Topic 4 !

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