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Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define unemployment in your own words.
π‘ Hint: Think about the reasons someone might be out of work.
Question 2
Easy
What is frictional unemployment?
π‘ Hint: Consider recent graduates or people switching careers.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary cause of frictional unemployment?
π‘ Hint: Consider recent graduates or those switching careers.
Question 2
True or False: Cyclical unemployment only occurs during economic booms.
π‘ Hint: Think about the relation between jobs and economic health.
Solve 2 more questions and get performance evaluation
Push your limits with challenges.
Question 1
Propose a comprehensive strategy a government could implement to reduce high structural unemployment within its workforce. Include economic theories that support your approach.
π‘ Hint: Consider what types of skills are in demand and how the government can facilitate workers adapting to these roles.
Question 2
Discuss the interplay between cyclical unemployment and government fiscal policies. How can fiscal policy impact cyclical unemployment rates?
π‘ Hint: Think about how government actions impact people's behavior in the economy.
Challenge and get performance evaluation