Frictional and Structural Unemployment Both Exist When

question 286

Multiple Choice

Frictional and structural unemployment both exist when

• A)the economy is in an expansionary phase.
• B)the economy is in long-run equilibrium.
• C)the economy is at the peak of the business cycle.
• D)the economy is in short-run equilibrium.

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Definitions:

Restrictive

Limiting or controlling access, movement, or growth, often through rules, conditions, or physical barriers.

Nonrestrictive

Describes an element in a sentence, usually a clause or phrase, that provides additional information without limiting or defining the element it modifies.

Restrictive Clause

A part of a sentence that serves to limit or specify the meaning of the noun it modifies and is essential to the sentence's meaning.

Nonrestrictive Clause

A clause that provides additional information about a noun without limiting or defining it, often set off by commas.