When the Total Number of Unfilled Job Openings in the Economy

question 71

Multiple Choice

When the total number of unfilled job openings in the economy is equal to the total number of persons unemployed,________ is zero.

• A)cyclical unemployment
• B)frictional unemployment
• C)involuntary unemployment
• D)the NAIRU
• E)structural unemployment

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Definitions:

Wealthier People

Individuals or groups who possess a significantly higher amount of capital or assets compared to the average population.

Voting Rates

The percentage of eligible voters who participate in an election, indicating the level of political engagement within a population.

Education Level

The highest degree or level of school completed by an individual, often used as a measure for statistical analysis related to demographics.

Nineteenth Amendment

An amendment to the U.S. Constitution that granted women the right to vote, ratified in 1920.