Employment and Unemployment (AQA A-Level Economics): Quizzes

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Employment and Unemployment
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What is the UK govt's primary measure of unemployment?

Labour Force Survey

What does full employment mean?

All wanting work at market wage find it

Which type results from insufficient aggregate demand?

Cyclical unemployment

What characterises frictional unemployment?

Short-term between jobs

Which best describes structural unemployment?

Long-term, declining industries

What comprises the natural rate of unemployment?

Frictional and structural

Which unemployment types arise from supply-side factors?

Frictional and structural

What causes real-wage unemployment?

Wages fixed above market-clearing

Which policies reduce cyclical unemployment?

Fiscal and monetary expansion

What is a key consequence of unemployment for individuals?

Destroyed hope and self-esteem

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