Unemployment That Results When Individuals Who Have Voluntarily Quite Their

question 31

Multiple Choice

Unemployment that results when individuals who have voluntarily quite their jobs are seeking jobs is called

• A)cyclical unemployment.
• B)turnover unemployment.
• C)mismatch unemployment.
• D)natural unemployment.

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Definitions:

Depository Institutions Deregulation

The process of removing or easing government regulations on banks and other depository institutions to enhance efficiency and competitiveness.

Money Creation

The process by which the money supply of a country is increased through activities primarily conducted by its central bank.

Monetary Control Act

A 1980 United States federal law that aimed to improve the Federal Reserve's control over monetary policy and to ensure more effective financial regulation.

Excess Reserves

The funds that banks hold over and above the legal requirement set by a central bank or banking regulator.