Which of the Following Statements About Unemployment Is True

question 207

Multiple Choice

Which of the following statements about unemployment is true?

• A)There is only one kind of unemployment.
• B)Some unemployment exists even when the economy is healthy and growing.
• C)Unemployment and inflation are not related.
• D)People who are willing and able to work but have given up the search for a job are considered unemployed.
• E)Voluntary unemployment refers to a situation in which people who really do not want to work only pretend to look for jobs.

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Definitions:

Decent Wage

A level of income regarded as sufficient for a worker and their family to live on, meeting basic needs such as housing, food, healthcare, and education.

Shorter Working Hours

The reduction of the standard number of hours that constitute a full week of work, aiming to improve work-life balance.

Dollars

A unit of currency used in various countries, including the United States, Australia, and Canada, symbolized by the $ sign.

American Cars

Automobiles manufactured in the United States, often associated with brands like Ford, Chevrolet, and Chrysler, known for their innovation and impact on the automotive industry.