Some Unemployment Is Unavoidable Because ________

question 75

Multiple Choice

Some unemployment is unavoidable because ________.

• A)people are making transitions through the stages of life and businesses are making transitions
• B)many part-time workers would like to have full-time work
• C)often people become discouraged workers
• D)many people in the working-age population attend school and are unemployed
• E)there is always some cyclical unemployment

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Definitions:

Balanced Reciprocity

A mode of exchange in which the giving and the receiving are specific as to the value of the goods and the time of their delivery.

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, with little government intervention.

Redistributing Income

The process of reallocating wealth and income across a society, typically through taxation and government programs, to reduce economic inequality.

Show of Generosity

A display or act where someone gives something or offers help to others without expecting anything in return.