Untitled spreadsheet - Sheet1

Question 1

business cycle

Answer 1

the alternating period of growth and decline in the economy

Question 2

demand

Answer 2

the willingness and ability of consumers to buy goods and services

Question 3

economy

Answer 3

all of the activities related to making and distributing goods and services in a geographic area or country

Question 4

ethics

Answer 4

a set of moral values that people consider acceptable

Question 5

goal

Answer 5

a desired outcome based on one’s values for which a plan of action is carried out

Question 6

hard skills

Answer 6

measurable physical and mental abilities that allow you to complete a job

Question 7

headhunter

Answer 7

an employment specialist who seeks out highly qualified people to fill upper-level positions for an employer

Question 8

job description

Answer 8

describes what a job would be like, including tasks performed and skills needed

Question 9

job interview

Answer 9

a face-to-face meeting with a potential employer to discuss a job opening

Question 10

job shadowing

Answer 10

spending time observing a worker in a type of job that interests you

Question 11

references

Answer 11

people who have known you and can provide information about your job skills, character, and achievcements

Question 12

resume

Answer 12

a summary of your work experience, education, skills, and interests that qualify you for a job opening

Question 13

scholarship

Answer 13

a gift of money or other aid awarded to a student to help pay for education

Question 14

skill set

Answer 14

unique skills and abilities that you bring to the job

Question 15

social network

Answer 15

a group of friends and acquaintances who keep in contact and share information

Question 16

soft skills

Answer 16

nontechnical skills needed by most workers for success on the job

Question 17

subsidized student loan

Answer 17

a loan on which interest is not charged until the student graduates

Question 18

supply

Answer 18

the quantity of goods and services that producers are willing and able to provide

Question 19

tuition

Answer 19

the expense paid by students for the instruction at a school

Question 20

value

Answer 20

a principle that reflects the worth you place on an idea or action

Question 21

Hard skills are important in getting a job, but soft skills are less important

Answer 21

FALSE

Question 22

Soft Skills can be learned through education and practice

Answer 22

TRUE

Question 23

Job choices you make in your life will not affect your income

Answer 23

FALSE

Question 24

Generally, the higher the education level you achieve, the higher income you can expect to make

Answer 24

TRUE

Question 25

You can stay qualified in a career field with lifelong learning

Answer 25

TRUE

Question 26

Honesty is an example of a value

Answer 26

TRUE

Question 27

Informal education includes things such as self-training and classes you would take at a college

Answer 27

FALSE

Question 28

In a market economy, consumers play a key role in setting prices

Answer 28

TRUE

Question 29

During economic period of recovery, people slow their buying and are unable to pay high prices

Answer 29

FALSE

Question 30

Scholarships may by available to students with high grades or strong athletic skills

Answer 30

TRUE

Question 31

Which of the following is a type of “follow-up” for a job candidate?
a) application letter
b) thank-you letter
c) age
d) job application

Answer 31

B

Question 32

d) references

Answer 32

C

Question 33

d) temp agency

Answer 33

D

Question 34

d) Twitter

Answer 34

B

Question 35

d) work-study program

Answer 35

C

Question 36

d) self-training program

Answer 36

B

Question 37

d) FEA

Answer 37

A

Question 38

d) trough

Answer 38

D

Question 39

d) a college class

Answer 39

D

Question 40

d) hard skill

Answer 40

B