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:

Critical Roles

Positions within an organization that are deemed essential for the execution of its strategic goals and operational continuity.

Shareholder Value

Refers to the value delivered to shareholders of a corporation due to management's ability to increase sales, earnings, and free cash flow, which leads to a rise in dividends and capital stock value.

Succession Management

A strategic process of identifying and developing internal talent within an organization to fill key leadership positions in the future.

Talent Management

It is an organization’s commitment to recruit, retain, and develop the most talented and superior employees available in the job market.