5. Fill in the blank with a type of unemployment.a. You graduate from high school and look for a job.b. You are replaced by robot at work.c. You lose your job in the 2008 recession.d. You are a beach lifeguard and it is winter.6. Jana was laid off and is looking for work. She isand (in/not in) the labor force.After 6 months Jana gives up looking for a job. Jana is called aJanais (in/not in) the labor force. What happens to the unemployment rate?7. When the unemployment rate equals the natural rate of unemployment, what kinds ofunemployment will continue to exist?UShp@&68eydghCVbyctrlA

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5. Fill in the blank with a type of unemployment. a. You graduate from high school and look for a job. b. You are replaced by robot at work. c. You lose your job in the 2008 recession. d. You are a beach lifeguard and it is winter.

5. Fill in the blank with a type of unemployment. a. You graduate from high school and look for a job. b. You are replaced by robot at work. c. You lose your job in the 2008 recession. d. You are a beach lifeguard and it is winter.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

5. Fill in the blank with a type of unemployment.
a. You graduate from high school and look for a job.
b. You are replaced by robot at work.
c. You lose your job in the 2008 recession.
d. You are a beach lifeguard and it is winter.
6. Jana was laid off and is looking for work. She is
and (in/not in) the labor force.
After 6 months Jana gives up looking for a job. Jana is called a
Jana
is (in/not in) the labor force. What happens to the unemployment rate?
7. When the unemployment rate equals the natural rate of unemployment, what kinds of
unemployment will continue to exist?
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