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:

Motivation Offer

An incentive or set of incentives provided to improve an individual's or group's willingness and energy to achieve a task or reach a goal.

Individual Preferences

are personal likes, dislikes, desires, or needs that influence choices and behavior.

Equity Theory

A theory of motivation that explains how employees perceive fairness in workplace reward distribution, comparing their input-outcome ratios to those of others.

Perceived Inequity

Perceived inequity occurs when an individual believes that the ratio of their inputs to outcomes is not equal to the input-outcome ratios of others, leading to feelings of dissatisfaction and unfair treatment.