Examlex
Maurice goes to a restaurant where he has served fried calamari.Approximately 3 hr later,Maurice begins to get nauseated and vomits.As a result,Maurice refuses the calamari every time it is served.This is an example of ______.
Frictional
Pertaining to the period of time and inefficiency in processes where resources, especially labor, move from one employment to another, contributing to transient joblessness.
Unemployment Rate
The portion of the labor market that is out of work and actively pursuing job opportunities.
Decades
Periods of ten years, used as a measure of time to describe longer trends in history, economics, or demography.
Cyclical Unemployment
This refers to unemployment that occurs due to fluctuations in the economy, often increasing during a recession and decreasing during an economic expansion.
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