Quizzes to test your knowledge and prepare for your exams with multiple choice questions.
1. Labour markets with an abundance of required labour are referred to as
a. strong
b. loose
c. tight
d. slack
Ans: B
2. Which of the following is not associated with a strong internal labour market
a. investment in learning and development
b. career development opportunities
c. good terms and conditions of employment
d. casualisation of employment
Ans: D
3. Unemployment caused by a fundamental mismatch between labour supply and demand is referred to as
a. frictional
b. structural
c. cyclical
d. fundamental
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
Ans: A
5. Which form of employee flexibility is associated with non-standard working hours
a. spatial flexibility
b. functional flexibility
c. temporal flexibility
d. financial flexibility
Ans: C
