A Factory Worker Who Loses a Job Because of a Decrease

question 88

Multiple Choice

A factory worker who loses a job because of a decrease in aggregate demand is

• A)Frictionally unemployed
• B)Involuntarily unemployed
• C)Structurally unemployed
• D)Cyclically unemployed
• E)Seasonally unemployed

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Definitions:

Labor Unions

Organizations formed by workers to collectively negotiate with employers for better wages, working conditions, and benefits.

Sherman Anti-Trust Act

The Sherman Anti-Trust Act is a landmark U.S. legislation passed in 1890 that prohibits monopolies and other activities that restrict competition.

United Auto Workers

A labor union in the United States representing workers in the automotive industry.

International Brotherhood

A term that can refer to solidarity among different nations or peoples, or to specific organizations aiming to promote such solidarity.