Students Who Leave School in the Spring and Look for Work

question 339

Multiple Choice

Students who leave school in the spring and look for work are one source of__________ .

• A) business-cycle fluctuations
• B) frictional unemployment
• C) cyclical unemployment
• D) structural unemployment

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Definitions:

Thinking

The process of considering or reasoning about something.

Decision Trap

A situation in decision-making where biases, poor information, or pressure leads to a significant or systematic error.

Framing Error

A cognitive bias in decision-making that occurs when information is presented in a way that influences an individual's interpretation or decision.

Escalation Of Commitment

This refers to the phenomenon where individuals or organizations continue to invest time, money, or resources into a failing course of action due to the substantial resources already invested, rather than altering or abandoning the course.