Examlex
Which of the following best describes the role of voltage in an electrical circuit?
Raises Unemployment
An action or event that leads to an increase in the number of unemployed individuals.
Frictional Unemployment
A form of unemployment that occurs when people are between jobs or are in the process of finding new jobs, usually reflecting short-term movement within the labor market.
Natural Rate
Often referred to as the natural rate of unemployment, indicating the level of unemployment expected in an economy without short-term cyclical fluctuations.
Tastes and Skills
Individual preferences and abilities that influence consumer behavior and labor market dynamics, affecting demand for goods and employment opportunities.
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