Which of the Following Is a Large Impersonal Organization Composed

question 99

Multiple Choice

Which of the following is a large impersonal organization composed of many clearly defined positions arranged in a hierarchy?

• A)bureaucracy
• B)social group
• C)collective
• D)government
• E)social arrangement

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Definitions:

Frictional Unemployment

The short-term unemployment arising from the process of matching workers with jobs, often seen as a normal part of labor market functioning.

Sectoral Shifts

Changes in the economic landscape that cause resources to be allocated differently across various sectors of the economy.

Structural Unemployment

A form of unemployment caused by a mismatch between the skills held by the unemployed and the skills demanded by the prevailing job market.

Natural Rate Of Unemployment

The level of unemployment consistent with a stable rate of inflation, where labor market is in equilibrium.