Contrasted with Public Law, an Example of Private Law Is

question 231

Multiple Choice

Contrasted with public law, an example of private law is:

• A) administrative law
• B) securities regulation
• C) tort law
• D) environmental law
• E) all of the other choices are private law

---

Definitions:

Frictional Unemployment

The short-term unemployment arising from the process of matching workers with jobs, often seen as a normal part of labor market functioning.

Sectoral Shifts

Changes in the economic landscape that cause resources to be allocated differently across various sectors of the economy.

Structural Unemployment

A form of unemployment caused by a mismatch between the skills held by the unemployed and the skills demanded by the prevailing job market.

Natural Rate Of Unemployment

The level of unemployment consistent with a stable rate of inflation, where labor market is in equilibrium.