Natural Unemployment Is

question 96

Multiple Choice

Natural unemployment is:

• A) the average of frictional, structural, and cyclical unemployment.
• B) the sum of frictional, structural, and cyclical unemployment.
• C) the sum of frictional and cyclical unemployment.
• D) the sum of structural and cyclical unemployment.
• E) the sum of structural and frictional unemployment.

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Definitions:

Specific Environment

The part of the environment that is directly relevant to an organization, including customers, suppliers, competitors, and government regulations.

Government Agencies

Organizations established by a government to administer legislation and implement public policy in specific areas.

Legal-Political Conditions

The framework of laws and political climate within which individuals, organizations, and businesses operate.

General Environment

The broad external conditions that affect organizations and their operations, including economic, legal, political, social, and technological factors.