Cyclical Unemployment Occurs When

question 105

Multiple Choice

Cyclical unemployment occurs when

• A)a business cycle recession decreases employment.
• B)individuals enter the labour market making the rounds of potential employers.
• C)individuals with skills no longer valued in the labour market cannot find employment.
• D)individuals give up the search for employment.

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Definitions:

Flattering Others

The act of giving excessive or insincere praise to gain favor or advantage.

Perceptual Distortions

Misinterpretations or misconceptions of a real situation due to misapplication of sensory impressions.

Stereotypes

Oversimplified generalizations about a group of people without considering individual differences, often leading to prejudiced attitudes or behaviors.

Halo Effects

A cognitive bias where an observer's overall impression of a person, brand, or product influences their feelings and thoughts about that entity's character or properties.