An Increase in Cyclical Unemployment Will Result in

question 40

Multiple Choice

An increase in cyclical unemployment will result in

• A)an increase in the natural rate of unemployment.
• B)an increase in the unemployment rate.
• C)an increase in structural unemployment.
• D)a decrease in frictional unemployment.
• E)an increase in the employment population ratio.

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Definitions:

Value Chain

A series of activities performed by a company to deliver a valuable product or service to the market.

Strategic Importance

Significance associated with a decision or action that affects the long-term objectives and competitive positioning of an organization.

Strategic Management

The ongoing planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its goals and objectives.

Competitive Advantages

Unique attributes or capabilities that allow a company to outperform its competitors, including superior products, processes, or technologies.