The Keynesian Explanation for Cyclical Unemployment Is

question 140

Multiple Choice

The Keynesian explanation for cyclical unemployment is:

• A) that labor is reallocated across different industries.
• B) the same as that for frictional and structural unemployment.
• C) that wage demands are too high relative to falling prices.
• D) that it is a normal response to real shocks in the economy.

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Definitions:

3-Chlorocyclopropene

A halogenated organic compound involving a three-membered ring structure with one chlorine atom attached.

Solvolyzed

Refers to a chemical compound that has undergone solvolysis, a reaction where the solvent participates and changes the compound, often by breaking bonds.

Methanol

The simplest alcohol with the chemical formula CH3OH, often used as a solvent, antifreeze, or fuel.

Increasing Acidity

A term referring to the process or trend where the acidic strength of substances increases.