Which of the Following Statements Is True of Unemployment

question 165

Multiple Choice

Which of the following statements is true of unemployment?

• A) Cyclical unemployment decreases during recessions and increases during expansions.
• B) Some unemployment exists even when an economy is healthy and growing.
• C) Unemployment and inflation are not related.
• D) People who are willing and able to work but have given up the search for a job are considered unemployed.
• E) Voluntary unemployment refers to a situation in which people who really do not want to work only pretend to look for jobs.

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Definitions:

Interrelated Components

Elements or parts of a system that are connected or related in such a way that changes in one can affect others.

Group Identification

A psychological process where an individual aligns with the norms, values, and practices of a particular group.

Transformational Leaders

Leaders who inspire followers to exceed their own self-interest for the good of the organization and who can bring about significant change.

Tolerance for Mistakes

An organizational or personal attitude that allows for errors as a learning opportunity, without immediate negative repercussions.