Job training programs are probably necessary to reduce structural unemployment.
Correct Answer:
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Q12: In recent years, the unemployment rate of
Q13: Individuals are considered unemployed if they do
Q14: With both structural and frictional unemployment, there
Q15: An increase in government spending or taxes
Q16: During a downturn in the business cycle,
Q18: The unemployment problem is more severe in
Q19: For the individual, the output lost during
Q20: If input prices are not "sticky," changes
Q21: In order to be considered unemployed, an
Q22: The natural rate of unemployment:
A) changes slowly
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