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Author Question: During a recession, cyclical unemployment will increase. This increase in cyclical unemployment will (Read 65 times)

clmills979

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on: May 25, 2020

Question 1

The economy is in a recession and the housing market is in a slump. As a result of this, a construction firm lays off half of its workers. This is an example of
◦ natural unemployment.
◦ frictional unemployment.
◦ structural unemployment.
◦ cyclical unemployment.

Question 2

During a recession, cyclical unemployment will increase. This increase in cyclical unemployment will
◦ have little or no effect on the equilibrium level of unemployment.
◦ either increase or decrease the equilibrium level of unemployment.
◦ decrease the equilibrium level of unemployment.
◦ increase the equilibrium level of unemployment.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by clmills979 on May 25, 2020

bblaney

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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clmills979

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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