A Decrease in a Recessionary GDP Gap Will Most Likely

question 5

Multiple Choice

A decrease in a recessionary GDP gap will most likely be associated with a decrease in

• A)Structural unemployment.
• B)Cyclical unemployment.
• C)The price level.
• D)Frictional unemployment.

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Definitions:

Punishment

Yet another term from reinforcement theory, punishment refers to a situation in which a behavior is followed by negative consequences and so is not repeated.

Stable Employers

Companies or organizations known for their financial stability and consistent employment opportunities.

Employment Downsizers

Companies or individuals involved in the process of reducing the workforce to cut costs and improve organizational efficiency, often through layoffs or terminations.

Procedural Justice

The fairness and transparency of the processes that lead to outcomes or decisions, which can affect perceptions of fairness and organizational trust.