Cyclical Unemployment Is a Problem Because

question 165

Multiple Choice

Cyclical unemployment is a problem because

• A) it reflects lost output
• B) workers are not compensated have no income support at all while they are unemployed
• C) it will never reach zero
• D) cyclically-unemployed individuals do not have the skills needed for available jobs
• E) we do not know how to reduce it

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Foreign Companies

Businesses that are incorporated or registered outside of a country’s borders and operate within that country.

U.S. Commerce

Refers to the economic activities and trade within the United States, including transactions of goods and services.

Interstate Commerce Act

A United States federal law designed to regulate the railroad industry, particularly its monopolistic practices, by requiring reasonable and just rates with the establishment of the Interstate Commerce Commission.

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