Employment/Unemployment Quiz by Shubhrata Shrestha | Jul 2, 2025 | 0 comments Employment/Unemployment Quiz 1. Which of the following best describes full employment? A) 0% unemployment B) No cyclical or structural unemployment C) Only frictional, structural, or voluntary unemployment exists D) Government provides jobs to all None 2. Hysteresis refers to: A) A mismatch in job skills B) Inflation persistence C) Long-term unemployment becoming permanent D) The effect of taxation on labor supply None 3. Which type of unemployment is caused by changes in the structure of the economy? A) Frictional B) Cyclical C) Structural D) Voluntary None 4. An example of geographical labor mobility is: A) A factory worker switching to programming B) A teacher migrating to another city for work C) A student graduating and job-seeking D) A retiree rejoining the workforce None 5. Voluntary unemployment occurs when: A) Workers are laid off in a recession B) Wages fall below minimum wage C) People choose not to work at current wages D) Jobs are unavailable in the economy None 6. A supply-side policy to reduce unemployment would be: A) Increasing interest rates B) Cutting taxes for large firms C) Offering retraining and reskilling programs D) Increasing unemployment benefits None 7. The natural rate of unemployment includes: A) Frictional and cyclical unemployment B) Structural and voluntary unemployment C) Frictional and structural unemployment D) Cyclical and seasonal unemployment None 8. Cyclical unemployment is usually caused by: A) Overeducation B) Inflation C) Low demand during recessions D) Labor immobility None 9. Involuntary unemployment means: A) Workers refuse job offers B) People are unemployed by choice C) People are willing to work but can’t find jobs D) Only students and retirees are unemployed None 10. Which factor affects occupational mobility the most? A) Inflation rate B) Housing prices C) Level of transferable skills and training D) Wage subsidies None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
