What is Unemployment

A quick quiz about macroeconimc topic Unemploymen

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1. Seasonal Unemployment is most common in the...

  • The secondary sector
  • The service industry
  • The tourism and leisure industry
  • The primary sector
  • The manufacturing industry
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Other questions in this quiz

2. Unemployment is....

  • When labour is made redundant
  • A situation where an economy is recession and firms reduce their workforce
  • When a person who is willing and able to work is unable to find a job
  • When an economy does not use all of its labour force

3. Which of these is a CONSEQUENCE of unemploymnent

  • Political Instability
  • Uncontrolled borrowing
  • Lower household income
  • Relocation by foreign firms

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

  • 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 the world geographically has a relatively higher unemployment rate than the rest of the world’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. What is unemployment measured by

  • Real Wages and Claimant count
  • Consumer Price Index and Labour Force survey
  • Claimant count and Labour Force Survey
  • Labour Force Survey and Retail Cost Index

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