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- 1. Multiple Choice
Unemployment and employment rates are representative of the economic situation
True
False
True for the unemployment rate, but false for the employment rate
True for the employment rate, but false for the unemployment rate
- 2. Multiple Choice
How do we classify discouraged workers?
They are part of the labour force, but not unemployed
They are unemployed, but not part of the labour force
They are unemployed and part of the labour force
None of the above
- 3. Multiple Choice
When there is labour surplus...
Quantity supplied for labour is higher than quantity demanded
There is a downward pressure on wages
Unemployment is usually too high
All of the above
- 4. Multiple Choice
Nominal wages are adjusted with respect to inflation
True
False
- 5. Multiple Choice
Common European employment target for 2020
75% activity rate
75% unemployment rate
25% unemployment rate
75% of people between 20 and 64 y/o working
- 6. Multiple Choice
Major problems regarding employment for Spain (more than one answer may be correct)
Youth unemployment
Excessive R&D expenditure
Long-term unemployment
Public employment services
Employment subsidies
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