Unemployment Occurs When _____

question 143

Multiple Choice

Unemployment occurs when _____.

• A)people do not work because they are not happy with the work environment
• B)people are unwilling to work at the prevailing market wage rate.
• C)people prefer leisure over work
• D)people do not work because they are physically unable to work
• E)people are willing and are able to work,but cannot find jobs

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Definitions:

Blockchain

A distributed ledger technology that allows data to be stored in a series of interconnected blocks, enhancing security and transparency.

Bitcoin

A digital or virtual currency that uses cryptography for security and operates without a central authority.

Banks

Financial institutions licensed to receive deposits and provide loans, and offer various other financial services like wealth management, currency exchange, and safe deposit boxes.

Brokers

Individuals or firms that act as intermediaries between buyers and sellers, facilitating transactions.