In Theory What Kind of Unemployment Can Exist in the Short

question 74

Multiple Choice

In theory what kind of unemployment can exist in the short run, but NOT in the long run?  

• A) seasonal unemployment 
• B) cyclical unemployment 
• C) structural unemployment 
• D) frictional unemployment

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Definitions:

Weak Ties

Social connections that are not very strong or close but can be important for spreading information or opportunities.

Green Chemistry

The design of chemical products and processes that reduce or eliminate the use or generation of hazardous substances.

Molecular Thinking

An approach that focuses on the detailed examination and understanding of the components of a problem or system.

Inflexible Strategies

Business approaches or plans that are rigid and cannot easily adapt to changes in the market or environment, potentially leading to failure.