Cyclical unemployment results from
A) a deficiency of spending on goods and services.
B) the decreasing relative importance of goods and the increasing relative importance of services in the U.S.economy.
C) the everyday dynamics of a free labor market, with workers voluntarily changing jobs.
D) technological change.
Correct Answer:
Verified
Q21: If the unemployment rate is 9 percent
Q24: The labor force includes
A)employed workers and persons
Q25: According to the Bureau of Labor Statistics,
Q26: Kara voluntarily quit her job as an
Q28: The presence of discouraged workers Learning Objective:
Q28: Assuming the total population is 100 million,
Q31: Official unemployment statistics
A)understate unemployment because individuals receiving
Q33: Part-time workers who want full-time work are
Q34: Susie has lost her job in a
Q35: The unemployment rate of
A) women greatly exceeds
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