Which of the following forms of unemployment probably imposes the greatest personal costs?
A)frictional unemployment.
B)structural unemployment.
C)cyclical unemployment.
D)voluntary unemployment.

Question

Quizplus · Accepted Answer

Structural unemployment often imposes the greatest personal costs because it results from fundamental changes in the economy that eliminate jobs for certain types of workers permanently. This can require significant retraining and relocation, leading to long-term joblessness and significant personal and financial stress.

Which of the Following Forms of Unemployment Probably Imposes the Greatest