Which of the following people is cyclically unemployed?
A) "I quit my job last week and will start a new one next week."
B) "I lost my job because I was replaced by a robot."
C) "I was laid off at the Ford plant because car sales are down in the recession."
D) "I quit looking for work after unsuccessfully trying to find a job for two years."
E) "I quit my work at the farm after the harvest was over."
Correct Answer:
Verified
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Q43: _ unemployment is short term; _ unemployment
Q45: Potential real GDP is the output level
Q46: The natural rate of unemployment describes the
Q48: Structural unemployment will decline if:
A)more seasonal work
Q48: To avoid confusing _ fluctuations in unemployment
Q49: Potential real GDP minus actual real GDP
A)
Q50: Creative destruction results in _ unemployment.
A) seasonal
B)
Q51: _ unemployment is/are always present in a
Q52: Which of the following is false regarding
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