Natural unemployment is the sum

  1. Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills is
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  2. Unemployment that results because it takes time for workers to search for the jobs that best suit their tastes and skills is
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  3. Cyclical unemployment refers toa. the portion of unemployment created by wages set above the equilibrium level. b. the portion
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  4. QUESTION THREE(25 Marks) a) Answer each of the following: i. What are the main components of unemployment? What is the natural
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  5. Impact of Unemployment Quick Check5 of 55 of 5 Items Question Natural unemployment is the sum of _____.(1 point) Responses
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  6. During an economic downturn, sales fall and some workers lose their jobs. This unemployment is referred to asseasonal
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  7. Rapid improvements in technology MOST often contribute to which type of unemployment?A. structural unemployment B. frictional
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  8. Which type of unemployment is caused by an overall decline in economic activity?A. cyclical unemployment B. structural
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  9. If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal
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  10. Key terms:*frictional unemployment *seasonal unemployment *structural unemployment *cyclical unemployment *census *unemployment
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