What is Unemployment

A quick quiz about macroeconimc topic Unemploymen

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  • Created by: Olatunde
  • Created on: 03-11-13 21:08

1. Which of these is a CONSEQUENCE of unemploymnent

  • Political Instability
  • Lower household income
  • Relocation by foreign firms
  • Uncontrolled borrowing
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Other questions in this quiz

2. Structural Unemployment is the result of the job seeker's...

  • Level of Skill
  • Wage Rate
  • Credit Record
  • Work History

3. Which of these is a direct cause of unemployment

  • Budget Deficit
  • Corruption
  • Inflation
  • Lack of resources

4. Regional Unemployment can be defined as....

  • occurs when a specific region in the world geographically has a relatively higher unemployment rate than the rest of the world’s average unemployment rate
  • when a specific region in a country geographically has a relatively higher unemployment rate than the rest of the country’s average unemployment rate
  • when a specific region in a continent geographically has a relatively higher unemployment rate than the rest of the continent's average unemployment rate
  • occurs when a specific region in a town geographically has a relatively higher unemployment rate than the rest of the city’s average unemployment rate

5. Which of these is a solution to unemployment

  • All of the above
  • None of the Above
  • Subsidies
  • Reducing Indirect taxation
  • Foreign Loans

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