Which of the Following Describes What Economists Call "Involuntary Unemployment

question 72

Multiple Choice

Which of the following describes what economists call "involuntary unemployment"?

• A)A job is available but the worker has not yet found it.
• B)The level of real GDP is at or above the economy's potential output.
• C)A person is willing to accept a job at the going wage rate but cannot find one.
• D)A person enters the job market for the first time.
• E)A person is not willing to accept an available job at the going wage rate.

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Definitions:

Intimate Partner

A person with whom someone has a close personal relationship that often involves physical or emotional intimacy.

Crime

An action or omission that constitutes an offense that may be prosecuted by the state and is punishable by law.

Embarrassed

The feeling of discomfort or self-consciousness caused by a perceived awkward or humiliating situation.

Arrested

The act of detaining a person by legal authority on suspicion of their involvement in a criminal activity.