This type of unemployment occurs when people take time to find a job. For example, people may need some time to find the right position after they finish their schooling.
What is frictional unemployment?
100
The price index computed each month by the Bureau of Labor Statistics that is determined by measuring the price of a standard group of goods meant to represent the "market basket" of a typical consumer.
What is the Consumer Price Index?
100
The income level below which income is sufficient to support a family or household.
What is the poverty threshold?
100
The first one of these was established at Wesleyan College, Georgia, in 1851. Today, then can be found on virtually every college campus. What are they?
What are sororities?
200
The development of new technology, globalization, and changes in consumer demand are just three major causes of this type of unemployment.
What is structural unemployment?
200
During periods of this, inflation rates can go as high as 100 or even 500 percent per month, and money loses much of its value. This is rare, but when it occurs it often leads to a total economic collapse.
What is hyperinflation?
200
Differences in skills and education, inheritances, and fields of work are all factors that lead to this.
What is the income gap?
200
He said that his agency was investigating Russian links to the Trump campaign during the 2016 election.
Who is FBI director James Comey?
300
The most damaging example of cyclical unemployment in the twentieth century that resulted in the creation of the Social Security Act in 1935 which established a program of unemployment insurance.
What is the Great Depression?
300
One theory about the cause of inflation.
What is the growth of the money supply?
What are changes in aggregate demand?
What are changes in aggregate supply?
300
A program requiring work in exchange for temporary assistance from the government.
What is workfare?
300
This college basketball team upset Florida to earn a spot in the Final Four for the first time in the school's history.
What is South Carolina?
400
The tool used by the United States Bureau of the Census to measure employment for the Bureau of Labor Statistics.
What is the Current Population Survey?
400
People living on this type of income are especially hit by inflation.
What is a fixed income?
400
A curve that illustrates income distribution in the economy.
What is the Lorenz Curve?
400
In 1997, TV Guide magazine published a list of the hundred most memorable moments in television history. The first on the list was this July 20, 1969 broadcast.
What is the moon landing (Neil Armstrong walked on the moon)?
500
Those who are not included in the unemployment rate determined by the Bureau of Labor Statistics.
Who are discouraged workers?
500
The missing piece of information in the following formula to determine the Consumer Price Index.
CPI= (x ? / base period cost) x 100
What is updated cost?
500
One of the government's most successful antipoverty programs that offers a refundable tax credit to low-income families with children when they file their federal income tax return.
What is the Earned Income Tax Credit?
500
The 88-year-old former longtime leader of Egypt who was freed after being held in detention for six years.