Workers laid off as a result of a recession suffer
A) structural unemployment.
B) seasonal unemployment.
C) natural unemployment.
D) cyclical unemployment.
E) frictional unemployment.
D
You might also like to view...
The best economic theory is the one
a. whose assumptions most closely match reality b. that yields the most accurate predictions c. that most simply represents reality d. that most closely matches the conscious behavior of economic decision makers e. that includes the most details
If people decide to hold less money, then
a. money demand decreases, there is an excess supply of money, and interest rates rise. b. money demand decreases, there is an excess supply of money, and interest rates fall. c. money demand increases, there is an excess demand for money, and interest rates fall. d. money demand increases, there is an excess demand for money, and interest rates rise.