Question

In: Economics

The three generally recognized types of unemployment are Voluntary, potential, and residual. Frictional, structural, and cyclical....

  1. The three generally recognized types of unemployment are
  1. Voluntary, potential, and residual.
  2. Frictional, structural, and cyclical.
  3. Involuntary, temporary, and disciplinary.
  4. Teenage, female, and nonwhite.
  5. Classical, Keynesian, and post-Keynesian.
  1. People temporarily out of work because they are changing jobs or looking for their first jobs are example of
  1. Structural unemployment.
  2. Cyclical unemployment.
  3. Frictional unemployment.
  4. Inflationary unemployment.
  5. Residual unemployment.
  1. People actively looking for work who cannot find jobs because of an insufficiency of aggregate demand are examples of
  1. Frictional unemployment.
  2. Structural unemployment.
  3. Inflationary unemployment.
  4. Residual unemployment.
  5. Cyclical unemployment.

Solutions

Expert Solution

1) b. Frictional, Structural & Cyclical Unemployment.

2) c. Frictional Unemployment.

3) b. Structural unemployment.


Related Solutions

What are cyclical, frictional, and structural unemployment? The natural rate of unemployment equals frictional plus structural...
What are cyclical, frictional, and structural unemployment? The natural rate of unemployment equals frictional plus structural unemployment. Countries with higher unemployment insurance benefits tend to have higher natural rates of unemployment. Do you think that more generous unemployment benefits raise u* by reducing the finding rate or increasing the separation rate?
how was frictional unemployment and structural unemployment differrent from cyclical unemployment ?
how was frictional unemployment and structural unemployment differrent from cyclical unemployment ?
Please Explain and Discuss with examples Cyclical, Frictional and Structural Unemployment.
Please Explain and Discuss with examples Cyclical, Frictional and Structural Unemployment.
Why is cyclical unemployment more worrisome than frictional or structural?
Why is cyclical unemployment more worrisome than frictional or structural?
2. For each, state whether the unemployment is structural, frictional, seasonal or cyclical. a. As the...
2. For each, state whether the unemployment is structural, frictional, seasonal or cyclical. a. As the United States becomes a more high-tech producer, labor-intensive factories no longer need as many workers b. Unemployment rises as output in the economy slows. c. Unemployment rate rises as the tourism months come to an end. d. As it becomes more acceptable for mothers to work, more women enter the labor market looking for work. The unemployment rate rises. e. The demand for workers...
a) How would you classify unemployment caused by an increase in unemployment insurance (Structural, Frictional, or cyclical)?
a)  How would you classify unemployment caused by an increase in unemployment insurance (Structural, Frictional, or cyclical)?b)  Would an increase in the number of unemployment insurance suggest that it was becoming easier or more difficult for people to find jobs? Explain.
1. How to distinguish between frictional, structural, and cyclical unemployment? Why is unemployment an economic problem?...
1. How to distinguish between frictional, structural, and cyclical unemployment? Why is unemployment an economic problem? What are the social effects of unemployment? 2. Why do economists include only final goods and services when measuring GDP for a particular year? Why don’t they include the value of the stocks and bonds bought and sold? Why don’t they include the value of the used furniture bought and sold? 3. Suppose that, on the basis of a nation’s production possibilities curve, an...
How to distinguish between frictional, structural, and cyclical unemployment? Why is unemployment an economic problem? What...
How to distinguish between frictional, structural, and cyclical unemployment? Why is unemployment an economic problem? What are the social effects of unemployment?
a. Explain the meaning of structural, frictional, and cyclical unemployment. b. Identify whether each of the...
a. Explain the meaning of structural, frictional, and cyclical unemployment. b. Identify whether each of the following reflects structural, frictional, or cyclical unemployment and also define each of these unemployment. i. A real estate agent is laid off due to slow business after housing sales fall. ii. An automotive worker is replaced by robotic equipment on the assembly line. iii. A salesperson quits a job in Ontario and seeks a new career after moving to Alberta. iv. An employee is...
identify and give an example of each type pf unemployment. structural : cyclical : frictional :...
identify and give an example of each type pf unemployment. structural : cyclical : frictional : seasonal :
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT