QuestionMay 26, 2025

22. Identify a dircumstance outside the economy that can cause unemployment. A. B. The Iricane States hosts the Olympic Games A hurricane damages the Gulf new museum opens in the city of Dallas The northeast experiences summer heat wave 23. What is offshoring and why is it a cause of structural unemployment in the United States? A. It is when new resources replace old resources which leads to shutting down mines and plants. B. C. It is when consumers stop buying one product in favor of another which means eliminating factories. D. It is when new inventions and ideas push out older ways of doing things which means closing markets. It is when companies relocate facilities to countries where costs are lower which means relocating jobs. 24. A person who manages a shoe store may be out of a job as more customers order shoes online instead of shopping in stores. The manager would then be an example of A. structural unemployment B. frictional unemployment. C. seasonal unemployment D. cyclical unemployment. 25. Working at a job for which one is over-qualified, or working part-time when full-time work is desired is called A. structural unemployment B. discouraged unemployment C. underemployment D. olobalization 5. Why is the core inflation rate calculated separately from the inflation rate? A. To focus on inflation in the energy industry. B. To better show long term effects on inflation. C. To move inflation closer to the cost of living. D. To move inflation further away from the cost of living.

22. Identify a dircumstance outside the economy that can cause unemployment. A. B. The Iricane States hosts the Olympic Games A hurricane damages the Gulf new museum opens in the city of Dallas The northeast experiences summer heat wave 23. What is offshoring and why is it a cause of structural unemployment in the United States? A. It is when new resources replace old resources which leads to shutting down mines and plants. B. C. It is when consumers stop buying one product in favor of another which means eliminating factories. D. It is when new inventions and ideas push out older ways of doing things which means closing markets. It is when companies relocate facilities to countries where costs are lower which means relocating jobs. 24. A person who manages a shoe store may be out of a job as more customers order shoes online instead of shopping in stores. The manager would then be an example of A. structural unemployment B. frictional unemployment. C. seasonal unemployment D. cyclical unemployment. 25. Working at a job for which one is over-qualified, or working part-time when full-time work is desired is called A. structural unemployment B. discouraged unemployment C. underemployment D. olobalization 5. Why is the core inflation rate calculated separately from the inflation rate? A. To focus on inflation in the energy industry. B. To better show long term effects on inflation. C. To move inflation closer to the cost of living. D. To move inflation further away from the cost of living.
22. Identify a dircumstance outside the economy that can cause unemployment. A. B. The Iricane States hosts the Olympic Games A hurricane damages the Gulf new museum opens in the city of Dallas The northeast experiences summer heat wave 23. What is offshoring and why is it a cause of structural unemployment in the United States? A. It is when new resources replace old resources which leads to shutting down mines and plants. B. C. It is when consumers stop buying one product in favor of another which means eliminating factories. D. It is when new inventions and ideas push out older ways of doing things which means closing markets. It is when companies relocate facilities to countries where costs are lower which means relocating jobs. 24. A person who manages a shoe store may be out of a job as more customers order shoes online instead of shopping in stores. The manager would then be an example of A. structural unemployment B. frictional unemployment. C. seasonal unemployment D. cyclical unemployment. 25. Working at a job for which one is over-qualified, or working part-time when full-time work is desired is called A. structural unemployment B. discouraged unemployment C. underemployment D. olobalization 5. Why is the core inflation rate calculated separately from the inflation rate? A. To focus on inflation in the energy industry. B. To better show long term effects on inflation. C. To move inflation closer to the cost of living. D. To move inflation further away from the cost of living.

Solution
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Answer

22. B. A hurricane damages the Gulf ### 23. D. It is when companies relocate facilities to countries where costs are lower which means relocating jobs. ### 24. A. Structural unemployment ### 25. C. Underemployment ### 5. B. To better show long term effects on inflation. Explanation 1. Identify circumstance causing unemployment A hurricane damages the Gulf can cause unemployment due to destruction of infrastructure and businesses. 2. Define offshoring and its impact Offshoring is when companies relocate facilities to countries where costs are lower, leading to structural unemployment by relocating jobs. 3. Determine type of unemployment for shoe store manager The manager would be an example of structural unemployment as online shopping changes the retail landscape. 4. Define working condition term Working at a job for which one is over-qualified or part-time when full-time work is desired is called underemployment. 5. Reason for separate core inflation rate calculation Core inflation rate is calculated separately to better show long-term effects on inflation by excluding volatile items like food and energy.

Explanation

1. Identify circumstance causing unemployment<br /> A hurricane damages the Gulf can cause unemployment due to destruction of infrastructure and businesses.<br /><br />2. Define offshoring and its impact<br /> Offshoring is when companies relocate facilities to countries where costs are lower, leading to structural unemployment by relocating jobs.<br /><br />3. Determine type of unemployment for shoe store manager<br /> The manager would be an example of structural unemployment as online shopping changes the retail landscape.<br /><br />4. Define working condition term<br /> Working at a job for which one is over-qualified or part-time when full-time work is desired is called underemployment.<br /><br />5. Reason for separate core inflation rate calculation<br /> Core inflation rate is calculated separately to better show long-term effects on inflation by excluding volatile items like food and energy.
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