Some individuals are unemployed because they are laid off from their jobs when the economy is sluggish. These individuals would be considered a) structurally unemployed. O b) cyclically unemployed. O c) marginally attached workers. O d) frictionally unemployed. O e) overemployed.
Some individuals are unemployed because they are laid off from their jobs when the economy is sluggish. These individuals would be considered a) structurally unemployed. O b) cyclically unemployed. O c) marginally attached workers. O d) frictionally unemployed. O e) overemployed.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....
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![Consider the following graph to answer the next five questions.
Real
GDP
Long-run
trend of GDP
Short-run path
Time
2000
2001
2004
2005
2008
009](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a7008e8-ef2c-4ae5-9b63-165629eb5b31%2F4b84d771-fa3c-41e9-a021-ddc6556cb95f%2F4iollfc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following graph to answer the next five questions.
Real
GDP
Long-run
trend of GDP
Short-run path
Time
2000
2001
2004
2005
2008
009
![Some individuals are unemployed because they are laid off from their jobs when the
economy is sluggish. These individuals would be considered
a) structurally unemployed.
O b) cyclically unemployed.
O c) marginally attached workers.
O d) frictionally unemployed.
O e) overemployed.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a7008e8-ef2c-4ae5-9b63-165629eb5b31%2F4b84d771-fa3c-41e9-a021-ddc6556cb95f%2F8ubmc7s_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Some individuals are unemployed because they are laid off from their jobs when the
economy is sluggish. These individuals would be considered
a) structurally unemployed.
O b) cyclically unemployed.
O c) marginally attached workers.
O d) frictionally unemployed.
O e) overemployed.
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