In 2014, some European countries were dealing with a recession. Workers who were laid off in those countries due to the economic downturn would be
A) frictionally unemployed.
B) structurally unemployed.
C) cyclically unemployed.
D) seasonally unemployed.
C
You might also like to view...
An example of a factor of production for Dell is
A) the computers exported by Dell. B) a worker hired by Dell. C) corporate bonds sold by Dell. D) stock issued by Dell.
Bonds without a maturity date are called
A) zero-coupon bonds. B) preferred bonds. C) common bonds. D) consols.
If the CPI rises from 206.7 to 212.7 between two consecutive years, by how much has the cost of living changed between these two years?
A) The cost of living has increased by 6%. B) The cost of living has increased by 2.9%. C) The cost of living has increased by 12.7%. D) The cost of living has decreased by 6%.
If the exchange rate changes from $2.00 = 1 euro to $1.98 = 1 euro then
A) the dollar has depreciated. B) the dollar has appreciated. C) the euro has appreciated. D) the euro has stayed constant in value.