The 11 Year Recession in Zimbabwe Has Generated Considerable Unemployment

question 56

Multiple Choice

The 11 year recession in Zimbabwe has generated considerable unemployment. This unemployment would primarily fall into which category?

• A)frictional
• B)structural
• C)cyclical
• D)seasonal

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Definitions:

Normal Return

A rate of return on investment that is considered sufficient to maintain the current level of economic activity without additional profit.

Government Regulates

The actions taken by governments to control, direct, or manage different sectors or aspects of the economy or society, often through laws and regulations.

Economic Profit

The financial margin that results from subtracting a business's complete expenditures, both seen and unseen, from its gross income.

Solid Silver

A term referring to objects made entirely from silver, a precious metal known for its high economic value and various uses in jewelry, tableware, and investment.