Quiz

Quizzes are available to test your understanding of the key concepts covered in each chapter. Click on the quiz below to get started. 

1. Labour markets with an abundance of required labour are referred to as

  1. strong
  2. loose
  3. tight
  4. slack

Answer:

b. loose

2. Which of the following is not associated with a strong internal labour market

  1. investment in learning and development
  2. career development opportunities
  3. good terms and conditions of employment
  4. casualisation of employment

Answer:

dcasualisation of employment

3. Unemployment caused by a fundamental mismatch between labour supply and demand is referred to as

  1. frictional
  2. structural
  3. cyclical
  4. fundamental

Answer:

b. structural

 

4. Unemployment that reflects a temporary mismatch in the demand and supply of labour which is always present in an economy is referred to as

  1. frictional
  2. structural
  3. cyclical
  4. fundamental

Answer:

a. frictional

5. Which form of employee flexibility is associated with non-standard working hours

  1. spatial flexibility
  2. functional flexibility
  3. temporal flexibility
  4. financial flexibility

Answer:

c. temporal flexibility