Title: QUIZ: Will Your Smartphone Get You a Job? -- Page One Economics®
Course: FRE Resources > Section: Will Your Smartphone Get You a Job? -- Page One Economics®

Q: What percentage of Americans earned some income from a digital platform in 2015?
- 1 percent
- 5 percent
- 10 percent
- 15 percent
A: 10 percent

Q: In a gig economy, millions of workers
- operate virtual storefronts selling imported goods.
- are employees of apps.
- work part-time for a traditional employer.
- provide services on demand one task at a time.
A: provide services on demand one task at a time.

Q: Americans under age 30 are more likely to use a smartphone to look for a job
- but less likely than older Americans to work as freelancers.
- and as likely as older Americans to work as freelancers.
- and more likely to be female.
- but less likely to own a smartphone.
A: but less likely than older Americans to work as freelancers.

Q: Entrepreneurs combine natural, human, and __________ resources to produce goods and services.
- financial
- technological
- capital
- intellectual
A: capital

Q: Bureau of Labor Statistics surveys tell us that a major motivator for many self-employed workers is
- financial security resulting from two paychecks.
- peace of mind knowing that they cannot be laid off from a job.
- the ability to decide when, where, and for whom to work.
- freedom from higher taxes.
A: the ability to decide when, where, and for whom to work.

Q: In the current gig economy, most freelancers
- are employed over 40 hours per week.
- work sporadically and part time.
- earn an above-average income.
- are 16 to 24 years of age.
A: work sporadically and part time.

Q: According to the Bureau of Labor Statistics, participation in what is considered the U.S. gig economy
- doubled between 2005 and 2015.
- has remained flat since 2010.
- fell between 2005 and 2016.
- increased by 50 percent from 2010 to 2016.
A: fell between 2005 and 2016.

Q: The gig economy has
- changed the factors of production needed to produce goods and services.
- resulted in an economy where the majority of jobs are part time.
- expanded the percentage of freelancers who receive paid vacations
- allowed millions of workers to set their own work schedule.
A: allowed millions of workers to set their own work schedule.