Cyclical Unemployment Exists When

question 369

Multiple Choice

Cyclical unemployment exists when

• A) frictional and structural unemployment is zero.
• B) real GDP is less than potential GDP.
• C) real national income exceeds potential income.
• D) real GDP exceeds potential GDP.

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Definitions:

Private Practice

The practice of a health care provider or clinic operating independently, offering services to individuals on a fee-for-service basis.

Community Mental Health Centre

A facility that provides mental health services, including therapy and counseling, to people in a local area.

Deinstitutionalization

Refers to the process of reducing the use of large, institutional facilities for people with mental health issues in favor of community-based mental health care services.

Severe Mental Illness

A term referring to a group of psychiatric disorders that significantly interfere with one’s ability to function in daily life.