AP Macroeconomics
Unemployment Problem Set
Define Labor Force in words.
Define Labor Force in an
equation:
What characteristics must
someone meet to be
considered unemployed?
How does one calculate the
unemployment rate?
Define Natural Rate of
Unemployment
Define Full Employment
What do economists suggest
the natural rate of
unemployment should be?
Define Frictional
Unemployment
Define Structural
Unemployment
Define Cyclical
Unemployment
Which type of unemployment
must be absent to have full
employment?
Define and categorize
seasonal unemployment
Define and categorize
technological unemployment
Define Discouraged Worker
Define Underemployment
What are some criticisms of
the way the unemployment
rate is calculated?
Module 12 – Check Your Understanding p.124
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Multiple Choice Questions – p.125
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Answer
Explanation
Tackle the Test: FRQ p. 125
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Module 13 – Check Your Understanding p.132
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Tackle the Test: Multiple Choice Questions p.133
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Answer
Explanation
Tackle the Test: FRQ p. 133
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p.153 #13, 15, 18