Which of the following situations best describes an individual who is cyclically unemployed?
A) Susan quit her job as a preschool teacher to try to find a better paying job.
B) Nicholas was laid- off when orders for General Motors cars fell during a recession.
C) Catherine is a ski instructor who is not working because it is summer.
D) Matthew was an artillery man, but he has been unable to find work since he left the army.
Correct Answer:
Verified
Q188: Full employment occurs
A) only if the unemployment
Q215: If a worker is temporarily laid off
Q216: Mike has just been laid off from
Q216: The unemployment rate is at the natural
Q217: If the economy enters a recession,
A) cyclical
Q218: Cyclical unemployment
A) decreases during economic expansions.
B) is
Q219: Full employment occurs when
A) the unemployment rate
Q222: An unemployment rate of zero percent cannot
Q224: When the economy is operating at full
Q225: Suppose the natural unemployment rate equals 6
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