Cyclical Unemployment Is a Consequence Of

question 33

Multiple Choice

Cyclical unemployment is a consequence of:

• A)downturns in the economy
• B)the decreasing relative importance of goods and the increasing relative importance of services in our economy
• C)the everyday dynamics of a free labour market
• D)technological change
• E)seasonal changes in the labour market

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Definitions:

Altruism

The principle or practice of concern for the welfare of others, often at the expense of one's self-interest.

Reproductive Success

The extent to which an organism passes its genes to the next generation, often measured by the number of offspring that survive to reproduce.

Lever

A rigid bar resting on a pivot, used to help move a heavy or firmly fixed load with one end when pressure is applied to the other.

Food Pellet

A compressed unit of food, often used in animal feeding, which is designed for easy storage, handling, and consumption.