Cyclical Unemployment

question 168

Multiple Choice

Cyclical unemployment

• A) is caused by changes in the business cycle.
• B) results from imperfect search activities in matching qualified employees with employers.
• C) results from institutional factors that make it difficult for some workers to find jobs.
• D) will probably go up as a result of improvements in online job searching.

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Definitions:

Redress for Injury

Legal remedy or compensation sought or awarded for harm or loss suffered due to another's act or failure to act.

Monetary Limit

The maximum amount of money that can be claimed or awarded in a particular type of legal case or insurance policy.

Stare Decisis

A legal principle that obligates courts to follow historical case law when making a ruling on a similar case.

Superior Trial Court

A high-level court of law that has the authority to hear both civil and criminal cases, including appeals from lower courts.