Cyclical Unemployment Is Associated with Which of the Following

question 35

Multiple Choice

Cyclical unemployment is associated with which of the following?

• A)changes to the economy's industrial structure resulting from growth in some industries and decline in others
• B)an output level different from the economy's potential output
• C)differences between the characteristics of the supply of labour and the demand for labour
• D)people entering the labour force typically take some time to find a job
• E)people quitting their present jobs to look for other jobs

---

Definitions:

Intrinsic Reward

A reward that is internalized and personal to the individual, such as satisfaction or enjoyment from performing a task.

Raise

An increase in salary or wages typically given to employees as recognition for their work performance or length of service.

Sensory Sharpness

The acuity or clarity of sensory perception, including vision, hearing, touch, taste, and smell.

Early Adulthood

A life stage ranging roughly from the ages of 20 to 40, marked by the pursuit of independence, career development, and, for many, forming a family.