Most of the Unemployment That Occurred During the Great Depression

question 216

Multiple Choice

Most of the unemployment that occurred during the Great Depression was

• A)frictional unemployment.
• B)structural unemployment.
• C)cyclical unemployment.
• D)core unemployment.

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Definitions:

Income Tax Rate

The percentage of an individual's or corporation's income that is paid to the government as tax.

Net Profit

The financial gain remaining after subtracting all operating expenses, interest, taxes, and any other charges from total revenue.

Income Tax Rate

The rate at which an individual or business's income is taxed by the government, similar in essence to Tax Rate but specifically applied to income.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.