The Lack of Jobs Due to the Business Cycle Is

question 49

Multiple Choice

The lack of jobs due to the business cycle is called:

• A)frictional unemployment.
• B)structural unemployment.
• C)cost-push unemployment.
• D)cyclical unemployment.
• E)transitory unemployment.

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Definitions:

Common Law

A legal system characterized by precedent and judicial decisions rather than codified statutes.

English Legal System

A legal system based in England and Wales that includes both civil and criminal laws, governed by principles of common law.

Islamic Legal System

A legal framework based on Islamic principles and jurisprudence, which governs various aspects of life including personal, social, and financial matters.

Koran

The central religious text of Islam, which Muslims believe to be a revelation from God.