Cyclical unemployment a. is joblessness related to regular seasonal events such as holidays or weather changes b. does not exist when the economy is at full employment c. is joblessness experienced by those who are between jobs d. is joblessness created by a mismatch between available jobs and workers' skills e. is joblessness caused entirely by microeconomic forces
Cyclical unemployment a. is joblessness related to regular seasonal events such as holidays or weather changes b. does not exist when the economy is at full employment c. is joblessness experienced by those who are between jobs d. is joblessness created by a mismatch between available jobs and workers' skills e. is joblessness caused entirely by microeconomic forces
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Cyclical
a. |
is joblessness related to regular seasonal events such as holidays or weather changes |
|
b. |
does not exist when the economy is at full employment |
|
c. |
is joblessness experienced by those who are between jobs |
|
d. |
is joblessness created by a mismatch between available jobs and workers' skills |
|
e. |
is joblessness caused entirely by |
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