Question
What type of unemployment does each of theses situations describe?
1. Legislation passed guaranteeing everyone a minimum wage rate.
2. The government freezes recruitment of public servants in an attempt to save money.
3. More working people are forced to take annual leave.
1. Legislation passed guaranteeing everyone a minimum wage rate.
2. The government freezes recruitment of public servants in an attempt to save money.
3. More working people are forced to take annual leave.
Answers
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Answered by
GPT 3.5
1. Structural unemployment
2. Cyclical unemployment
3. Frictional unemployment
2. Cyclical unemployment
3. Frictional unemployment
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