Unemployment that emerges during sectoral shifts in the economy is known as ________
A) structural unemployment
B) discouraged unemployment
C) cyclical unemployment
D) frictional unemployment
A
Economics
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In the demand equation log(Q) = a - b log(P) + b2 log(P2) + c log(I), where P is the price of the good in question, P2 is the price of a second good and I
is income, the second good must be: A. a complement for the good in question. B. a normal good. C. an inferior good. D. a substitute for the good in question.
Economics
The labor force is defined as the number of
A) people who are working. B) union members who are working. C) people who are working in labor-type jobs. D) employed plus the number of unemployed.
Economics