Which of the Following Constitute the Types of Unemployment Occurring

question 170

Multiple Choice

Which of the following constitute the types of unemployment occurring at the natural rate of unemployment?

• A) frictional and cyclical unemployment
• B) structural and frictional unemployment
• C) cyclical and structural unemployment
• D) frictional, structural, and cyclical unemployment

---

Definitions:

Market Prices

The current price at which an asset or service can be bought or sold in the marketplace.

Penetration Pricing

A pricing strategy that involves setting a low price for a new product in order to attract customers and gain market share quickly.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period.

Initial Price

The original cost or price of a good or service when it is first offered for sale, often used as a baseline for pricing strategies.