Multiple Choice
The accompanying list describes the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment.
1) Mollie just graduated from college and is now looking for work. She has had three job interviews in
The past month but still has not gotten a job offer.
2) George used to work in an automotive assembly plant. He was laid off six months ago as the
Economy weakened. He expects to return to work in a few months when national economic
Conditions improve.
3) Jeanette worked as an aircraft design engineer for a company that produces military aircraft until
She lost her job last year when the Federal government cut defense spending. She has been
Looking for similar work for a year, but no company seems interested in her aircraft design skills.
4) Ricardo lost his job last year when his company downsized and laid off middle-level managers. He
Tried to find another job for a year but was unsuccessful and quit looking for work.
Which individual is cyclically unemployed?
A) Mollie
B) George
C) Jeanette
D) Ricardo
Correct Answer:

Verified
Correct Answer:
Verified
Q4: If the unemployment rate is 9 percent
Q5: Unanticipated inflation<br>A) reduces the real burden of
Q6: If the total population is 175 million,
Q7: The natural rate of unemployment in the
Q8: A college graduate using the summer following
Q10: What is "demand-pull" inflation?
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Q12: The relationship between the size of the
Q13: The unemployed are those people who<br>A) do
Q14: With no inflation, a bank would be