Unemployment That Occurs When There Is a Decline in Total

question 37

Multiple Choice

Unemployment that occurs when there is a decline in total spending is called:

• A)frictional unemployment.
• B)cyclical unemployment.
• C)structural unemployment.
• D)natural unemployment.

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Definitions:

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Metric System

An international system of units based on powers of ten, commonly used around the world for scientific and everyday measurements.

National Roads

Major highways or roads that are funded and maintained by the federal government of a country, often spanning multiple states or regions.

Age of Jackson

A period in U.S. history (roughly 1829-1849) marked by the presidency of Andrew Jackson and characterized by the expansion of democracy, the emergence of the two-party system, and conflicts over states' rights.