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This test is run by .
Note that your final mark will not be saved in the system.

Unemployment and Inflation Categorise

Target Level

Running Total

Attempt

1 of 1

Click on an item, then click on a category to place it. Or, drag and drop the item into the correct category. Organise all items before clicking 'Check'.

Real-wage unemployment

The natural rate of unemployment

Better education can reduce this

Is a long-run phenomenon

Is a short-run phenomenon

Also known as classical unemployment

In theory, markets will resolve this issue

Occurs due to labour immobility

Occurs when wages are above equilibrium

Caused by excess labour supply

Combines structural and frictional unemployment

Always present to some extent

This is your 1^st attempt! You get 1 marks for each one you get right first time. Good luck!

Pass Mark

70%