Which of the Following Types of Unemployment Can Exist in an Economy

question 70

Multiple Choice

Which of the following types of unemployment can exist in an economy that is at its potential output level?

• A) cyclical unemployment only
• B) structural unemployment only
• C) frictional, cyclical, and seasonal unemployment only
• D) frictional, seasonal, and structural unemployment only
• E) there will be no unemployment in an economy that is at the potential output level

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Definitions:

Epigenetic Principle

A theory suggesting that development proceeds through a predetermined unfolding of personalities, influenced by genetic factors and environmental conditions.

Creative Power

The ability or capacity to generate original ideas, solutions, or artistic expressions.

Defective Body Parts

Refers to organs or components of the body that are not functioning optimally or are malformed, impacting an individual's health or abilities.

Sexually Defective

This is not a commonly recognized psychological or medical term and could be considered offensive; it lacks a clear, respectful definition.