Defining Short-, Medium-, and Long-Term Unemployment as Less Than 5

question 3

Multiple Choice

Defining short-, medium-, and long-term unemployment as less than 5, 5 to 26, and greater than 26 weeks, respectively, the differences between good years and bad years are

• A) largest between short- and medium-term unemployment.
• B) largest between medium- and long-term unemployment.
• C) smallest between short- and long-term unemployment.
• D) largest between short- and long-term unemployment.
• E) smallest between short- and medium-term unemployment.

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Definitions:

Economic Inequality

The unequal distribution of wealth, income, or resources among individuals or groups within a society.

Income

Income is the financial gain or earnings received by an individual or household from work, investments, or other sources during a given period of time.

Whites

Refers to individuals of European descent.

Puerto Rico

An island territory of the United States located in the Caribbean Sea, with a rich blend of cultural influences and its own distinct identity.