Suppose the Country of Tiny Town Experienced Frictional Unemployment

question 117

Multiple Choice

Suppose the country of Tiny Town experienced frictional unemployment. This frictional unemployment would

• A) definitely signal that the country is in a recession.
• B) be considered a natural occurrence in a growing economy.
• C) signal that there are more job leavers than job losers.
• D) signal that the number of discouraged workers is growing.

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Definitions:

Labor

Human effort, either physical or mental, expended in the production of goods and services.

Mechanical Solidarity

A concept developed by Émile Durkheim describing the social cohesion and integration that arises in societies with a simple division of labor, where individuals perform similar tasks.

Organic Solidarity

A concept developed by Émile Durkheim that refers to the social cohesion based upon the dependence individuals have on each other in more advanced societies.

Diversity

The presence of differences within a given setting, including those relating to race, ethnicity, gender, age, and socioeconomic background.