Most Spells of Unemployment Are

question 43

Multiple Choice

Most spells of unemployment are

• A)long, and most unemployment observed at any given time is long term.
• B)long, but most unemployment observed at any given time is short term.
• C)short, but most unemployment observed at any given time is long term.
• D)short, and most unemployment observed at any given time is short term.

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Definitions:

Utility

In economics, a measure of satisfaction or happiness that a consumer derives from the consumption of goods and services.

Satisfaction

The fulfillment of one's needs or the pleasure derived from consuming goods or services.

Consuming It

Pertains to the act of using up resources or products to satisfy needs or desires.

Ability

The possession of the means or skill to do something.