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Home / Questions / ) Which one of the following individuals would be classified as structurally unemployed?

) Which one of the following individuals would be classified as structurally unemployed?

) Which one of the following individuals would be classified as structurally unemployed?

A) Bennett lost his job because there was a reduction in the number of houses built during the winter of 1986.

B) Gail lost her job with the province because there was a reduction in the provincial budget.

C) Tommy lost his job when the steel mill where he worked closed because domestic producers would not produce as efficiently and cheaply as foreign firms.

D) Fay lost her job in early January when the Christmas store where she worked closed.

 

42) A lifeguard who is out of work in the winter is

A) frictionally unemployed.

B) structurally unemployed.

C) cyclically unemployed.

D) seasonally unemployed.

 

43) The fact that a number of lifeguards lose their jobs at the end of each summer would be counted as

A) cyclical unemployment.

B) frictional unemployment.

C) seasonal unemployment.

D) structural unemployment.

 

44) An individual with good job prospects who is between jobs is

A) structurally unemployed.

B) cyclically unemployed.

C) not in the labour force.

D) frictionally unemployed.

45) An example of a frictionally unemployed individual is

A) Charles who has lost his job as an autoworker because of increased imports.

B) Mary who quit her job to find work closer to her home.

C) Sam who lost his job as a real estate salesperson when the housing market went soft.

D) Cynthia who has few skills and is no longer looking for work.

 

46) Structural unemployment results

A) when a reduction in consumer income reduces demand for products.

B) when individuals enter the labour market in June following graduation.

C) when workers face layoffs following a decrease in economic activity.

D) when consumers' demand for a product falls so dramatically that workers specializing in the production of that product find themselves out of work.

 

47) An unemployment rate of zero can not be expected since

A) there are some people who do not want to work.

B) there will always be discouraged workers.

C) some portion of the labour force will always be between jobs.

D) aggregate demand can never create enough job vacancies.

 

48) Cyclical unemployment occurs when

A) individuals enter into the labour market making the rounds of potential employers.

B) individuals with skills no longer valued in the domestic labour market can not find employment.

C) individuals give up the search for employment.

D) a downturn in economic activity reduces employment.

49) An example of a cyclically unemployed individual is

A) Charles who lost his job as a real estate salesperson when the housing market went soft.

B) Alice who quit her job to enter college.

C) Mary who lost her job in the textile industry following a decrease in the tariff on textiles.

D) Bob who has just graduated from college and is entering the labour market.

 

50) When there is full employment

A) everyone has a job.

B) there is no frictional unemployment.

C) there are no job vacancies.

D) the level of unemployment corresponds to the "normal" friction in the labour market.

 

Dec 07 2019 View more View Less

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