News Story: Workers at a car-manufacturing plant in Flint, Michigan, are laid off because the economy is weak and GM cars are not selling well. GM isn't sure when the plant will reopen. What type of unemployment describes the workers' situation?
A) Cyclical unemployment
B) Full unemployment
C) Structural unemployment
D) Frictional unemployment
Correct Answer:
Verified
Q32: The target rate of unemployment:
A)remains always at
Q33: In 2001, the U.S. economy entered a
Q34: Workers at a car-manufacturing plant are let
Q35: Structural unemployment:
A)includes cyclical unemployment.
B)is generally greater than
Q38: Which of the following institutional changes would
Q39: Cyclical unemployment:
A)includes structural unemployment.
B)is generally greater than
Q40: Structural unemployment is caused by:
A)a general downturn
Q41: Which of the following groups would be
Q42: If a politician adheres to the individual
Q111: The wage a person requires before accepting
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