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Author Question: The economy is in a recession and the housing market is in a slump. As a result of this, a real ... (Read 68 times)

mikaylakyoung

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Question 1

The demand for refrigerators falls when the economy enters a downturn. If a refrigerator manufacturer lays off workers during an economic downturn, this would be an example of


◦ frictional unemployment.
◦ natural unemployment.
◦ structural unemployment.
◦ cyclical unemployment.

Question 2

The economy is in a recession and the housing market is in a slump. As a result of this, a real estate firm lays off half of its real estate agents. This is an example of


◦ frictional unemployment.
◦ structural unemployment.
◦ cyclical unemployment.
◦ natural unemployment.


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Marked as best answer by mikaylakyoung on Apr 19, 2019

wergv

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