The Goal for High Employment Should Be a Level of Unemployment

question 50

Multiple Choice

The goal for high employment should be a level of unemployment at which the demand for labor equals the supply of labor. Economists call this level of unemployment the

• A)frictional level of unemployment.
• B)structural level of unemployment.
• C)natural rate level of unemployment.
• D)Keynesian rate level of unemployment.

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Definitions:

Asbestosis

Chronic lung disease caused by the inhalation of asbestos fibers.

Silicosis

Chronic lung disease caused by the inhalation of silica dust.

Black Lung Disease

A common name for pneumoconiosis, a lung disease caused by inhaling coal dust over a long period, affecting coal miners and workers in coal processing facilities.

SIDS

Sudden Infant Death Syndrome, the unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.