Which of the Following Types of Unemployment Is Likely to Exist

question 172

Multiple Choice

Which of the following types of unemployment is likely to exist in an economy that is at its potential output level?

• A) cyclical unemployment
• B) structural unemployment
• C) frictional, cyclical, and seasonal unemployment
• D) frictional, structural, and seasonal unemployment
• E) seasonal unemployment

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Definitions:

Mantle

In mollusks, an extension of the body wall that covers the visceral mass and may secrete a shell.

Mollusca

A large phylum of invertebrate animals that includes snails, slugs, mussels, and octopuses, characterized by a soft body that in many species is enclosed by a hard shell.

Clams

Aquatic mollusks with a shell that is divided into two parts, known for living buried in sand or mud and being a source of food for various predators, including humans.

Octopuses

Cephalopod mollusks with eight arms, known for their intelligence, ability to change color, and escape skills.