Which of the Following Statements Regarding the Types of Unemployment

question 8

Multiple Choice

Which of the following statements regarding the types of unemployment is TRUE?

• A) Frictional unemployment is generally short-term, whereas structural unemployment is often long-term.
• B) Cyclical unemployment is due to expansions in the business cycle.
• C) Frictional unemployment is brought about by changes in technology.
• D) Structural unemployment is the result of normal labor turnover.

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Definitions:

Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, representing the fulfillment of personal potential and self-realization.

Consumer Involvement

Refers to the degree of interest and engagement a consumer has with a product or service, influencing their purchasing decisions.

Novel Stimuli

New or unfamiliar objects, events, or situations that attract attention and may elicit responses from an individual or a system.

Motivation

The psychological processes that arouse and direct goal-oriented behavior.