If You Have Trouble Finding a Job Because of a Slowdown

question 187

Multiple Choice

If you have trouble finding a job because of a slowdown in the overall economy, we would say that you are

• A)frictionally unemployed.
• B)structurally unemployed.
• C)cyclically unemployed.
• D)seasonally unemployed.
• E)naturally unemployed.

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Definitions:

Balance of Trade

The difference between a country's exports and imports of goods over a certain period, indicating the economic health of a nation.

Monetary Value

The worth of a good, service, or asset expressed in terms of money; often determined by market forces.

Difference

The distinct characteristic or aspect that sets something apart from others.

Leading Importer

A country, region, or business that is the largest buyer of goods from other countries or regions.