Suppose $1 buys 1.20 euros in January and then it buys 1.10 euros in the following December. As a result

Evidence shows that for many people, delaying searching for a job for a year or longer after they are laid off will contribute to a deterioration of their job skills, making it harder for them to find employment

This deterioration in job skills and the subsequent retraining that is necessary to obtain employment relates to which type of unemployment? A) seasonal B) structural C) cyclical D) frictional

Which of the following would cause the unemployment rate as measured by the Bureau of Labor Statistics to understate the true degree of joblessness in the economy?

A) people employed in the underground economy B) unemployed persons who falsely report themselves as actively looking for a job C) retired people who have no intention of returning to work D) people with part-time jobs who would prefer to be working full time