Question : 61) Another name for “frictional” unemployment is A) economic unemployment. B) real-wage : 1384495

61) Another name for “frictional” unemployment is

A) economic unemployment.

B) real-wage unemployment.

C) recessional unemployment.

D) search unemployment.

E) structural unemployment.

62) An unemployed worker can be identified as being “structurally” unemployed if

A) minimum wage laws prevent the worker from finding a job.

B) the worker has a different set of skills than what is desired by firms.

C) the worker quits a job in order to search for a better one.

D) the worker wants to work only during certain months of the year.

E) there is a recession and the worker is laid off.

63) An unemployed worker can be identified as being “cyclically” unemployed if

A) minimum wage laws prevent the worker from finding a job.

B) the worker has a different set of skills than what is desired by firms.

C) the worker quits a job in order to search for a better one.

D) the worker wants to work only during certain months of the year.

E) there is an economic downturn and the worker is laid off.

64) An unemployed worker can be identified as being “frictionally” unemployed if

A) minimum wage laws prevent the worker from finding a job.

B) the worker has a different set of skills than what is desired by firms.

C) the worker quits a job in order to search for a better one.

D) the worker wants to work only during certain months of the year.

E) there is a recession and the worker is laid off.

65) The normal turnover of workers and the usual time it takes to find a satisfactory job causes ________ unemployment to persist even at potential GDP.

A) excess

B) cyclical

C) frictional

D) involuntary

E) structural

66) Technological changes over time caused workers who in the past produced such things as slide rules, eight-track music tapes, and manual typewriters to become ________ unemployed, at least until they could be re-employed in other industries.

A) frictionally

B) cyclically

C) seasonally

D) structurally

E) voluntarily

67) Other things being equal, a macroeconomic shock that leads to an inflationary output gap results in

A) a decrease in cyclical unemployment.

B) a decrease in NAIRU.

C) an increase in NAIRU.

D) a decrease in frictional unemployment.

E) a decrease in structural unemployment.

68) Suppose that in PetroLand the oil fields in the western region suddenly stop producing, causing oil companies to shift activities to their fields in the eastern region. This is bound to cause some ________ unemployment in the western region of the country’s economy.

A) cyclical

B) efficiency-wage

C) frictional

D) structural

E) voluntary

69) Other things being equal, when changes in technology cause some industries to decline and other industries to expand the result is

A) a decrease in cyclical unemployment.

B) a decrease in NAIRU.

C) an increase in NAIRU.

D) an increase in frictional unemployment.

E) an increase in structural unemployment.

70) Other things being equal, improvements in the efficiency of labour markets that make it easier for firms to advertise prospective jobs and which reduce the effort of workers to search for jobs will

A) decrease cyclical unemployment.

B) decrease frictional unemployment.

C) increase frictional unemployment.

D) increase structural unemployment.

E) increase NAIRU.