How Does Demand-Deficient Unemployment Arise? Use a Demand/supply Diagram to Illustrate

question 18

Essay

How does demand-deficient unemployment arise? Use a demand/supply diagram to illustrate your answer.

---

Definitions:

Telephone Consumer Protection Act

A United States federal law enacted in 1991 designed to restrict telemarketing calls, the use of automated telephone equipment, and the sending of unsolicited faxes and texts.

Cold Calling

A technique in sales where sales reps make unsolicited calls to potential customers, who have had no prior contact with the salesperson.

Personal Selling Process

A series of steps undertaken by sales professionals to identify potential buyers, communicate benefits, and persuade them to make a purchase.

Do Not Call Registry

A list or database designed to manage and prevent unsolicited telemarketing calls to those who have registered their contact information.