When One Worker Is Unemployed for One Year

question 10

Multiple Choice

When one worker is unemployed for one year,

• A)we no longer include that worker in labour-force statistics.
• B)there may be significant personal costs,but there is no cost to the economy.
• C)it is not a problem because as soon as the worker is employed again,any loss of output goes away.
• D)there is no effect on national income.
• E)the output this worker would have produced is lost forever.

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Definitions:

Perceived Status

The status or rank that individuals or groups believe they hold within a social or organizational hierarchy, which can affect attitudes and behaviors.

Leadership Style

The characteristic manner and approach of providing direction, implementing plans, and motivating people.

Leader-Team Perceptual Distance

This refers to the gap in perceptions and understanding between a leader and their team regarding various aspects such as goals, strategies, or performance expectations.

Goal Accomplishment

The successful achievement of a task or objective that has been set.