Economic Growth Answers
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Rabia does not currently have a job, but declined a job offer because she feels her skills merit better pay and a better position. Which terms can be used to describe Rabia? Select two options.
A
cyclically unemployedB
domestically unemployedC
frictionally unemployedD
structurally unemployedE
still employedF
unemployed22
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This graph shows changes in GDP and the unemployment rate in the United States in recent years.In what year would someone looking for work have had the hardest time finding a job?
A
2008B
2009C
2011D
201223
The graph shows unemployment rates in the United States in recent years.Which statement is the most accurate explanation of the information on the graph?
A
Unemployment rates rise and fall in predictable patterns.B
Unemployment will never again be as high as it was in 2010.C
The United States suffered an economic downturn starting in 2009.D
The United States does not have to worry about unemployment.24
The circle graph shows the GDP in Germany for 2012.Which sector of Germany’s economy had the highest GDP?
A
agricultureB
industryC
servicesD
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