What Economists Sometimes Call "Voluntary Unemployment" Occurs When

question 107

Multiple Choice

What economists sometimes call "voluntary unemployment" occurs when

• 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 worker enters the job market for the first time.
• E)a worker is not willing to accept an available job at the going wage rate.

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Definitions:

Racism

Bias, unfair treatment, or hostility towards individuals of another race, stemming from the conviction that one's own race is superior.

Communication Model

A theoretical framework describing the process through which information is transmitted and received between communicators.

Key Elements

Primary or essential components or factors that are necessary for the functionality or success of a system, process, or concept.

Prejudice And Discrimination

The unjust or negative attitudes and behaviors directed toward individuals or groups based on preconceived notions rather than actual merit or factual evidence.