Long-term chronic unemployment that results even when the economy is producing at a normal rate is called ________ unemployment.
A) cyclical
B) structural
C) global
D) frictional
Correct Answer:
Verified
Q92: Cyclical unemployment is:
A)the additional unemployment not captured
Q93: Cyclical unemployment occurs because
A)labor markets are heterogeneous
Q94: Which of the following is an example
Q95: The costs of unemployment are lowest (and
Q96: From an economic perspective, the best response
Q98: Frictional unemployment is:
A)the unemployment that results when
Q99: Martha did not like her job as
Q100: Frictional unemployment may be economically beneficial if:
A)its
Q101: Features of the labor market that are
Q102: Structural unemployment is increased when the wage
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