In the Short-Run Macro Model,what Type of Unemployment Is Caused

question 199

Multiple Choice

In the short-run macro model,what type of unemployment is caused by insufficient spending?

• A) Cyclical
• B) Structural
• C) Frictional
• D) Seasonal
• E) All types of unemployment are caused by insufficient spending

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Definitions:

Royal Colony

A type of colonial administration of the British overseas territories, governed directly by the crown through a royal governor.

Puritan Leaders

Influential figures within the Puritan movement, which was a significant religious reform movement within the Church of England, aiming to simplify and regulate forms of worship.

English Toleration Act

A 1690 act of Parliament that allowed all English Protestants to worship freely.