Suppose the Country of Tiny Town Experienced Frictional Unemployment

question 61

Multiple Choice

Suppose the country of Tiny Town experienced frictional unemployment. This frictional unemployment would

• A) definitely signal that the country is in a recession.
• B) signal that the number of discouraged workers is growing.
• C) be considered a natural occurrence in a growing economy.
• D) signal that there are more job leavers than job losers.

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Definitions:

Cosmopolitanism

An ideology or disposition characterized by an openness and appreciation of diverse cultures, beliefs, and backgrounds.

Tourists

Individuals who travel to and stay in places outside their usual environment for leisure, business, or other purposes for not more than one consecutive year.

Civilization

An advanced state of human society, characterized by the development of complex institutions, knowledge, arts, and customs.

Cultures

The collective beliefs, behaviors, norms, practices, and material objects that members of a society use to cope with their world and with one another, passed from generation to generation through learning.