James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for workers with his particular skill set. What type of unemployment is James experiencing?
A. natural unemployment
B. seasonal unemployment
C. cyclical unemployment
D. structural unemployment
E. frictional unemployment
Answer: D
You might also like to view...
Refer to Figure 22-2. Based on the per-worker production function above, if the economy raises capital per hour worked from $35,000 to $40,000, by how much will real GDP per hour worked increase?
A) $150 B) $1,850 C) $2,000 D) $5,000
The reason that some corporations grow so big is:
a. double taxation b. that they are a separate entity from their owners c. that they have limited liability d. none of these
If the Fed increases the money supply and people fully anticipate this change, they will immediately incorporate the disinflationary impact of the Fed's policies into their current wage and price decisions
a. True b. False Indicate whether the statement is true or false
In the market for a foreign currency, the curve that represents the "willingness of those who have foreign currency to trade them for the U.S. dollar" is the
A. demand curve. B. equilibrium curve. C. price curve. D. supply curve.