When Demand for Goods and Services Drops,businesses Reduce Production,thereby Requiring

question 15

Multiple Choice

When demand for goods and services drops,businesses reduce production,thereby requiring fewer workers.The unemployment resulting because of this phenomenon is known as ________ unemployment.

• A) intrinsic
• B) cyclical
• C) structural
• D) seasonal
• E) frictional

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Definitions:

Rapport Talk

The language of conversation and a way of establishing connections and negotiating relationships; more characteristic of females than of males.

Self-Schema

A cognitive framework comprising beliefs and ideas about oneself that guides processing of self-relevant information.

False Self

A psychological concept referring to a version of oneself that conforms to others' expectations, often at the cost of suppressing one's true self.

Moral Reasoning

The process through which an individual makes ethical decisions, considering right from wrong.