Question 1
Unemployment can be divided into two broad categories: equilibrium and disequilibrium unemployment. These can be illustrated with the following diagram.

At a wage rate of
W2, equilibrium unemployment is ________ and disequilibrium unemployment is ________.
◦
ed,
bc◦
ba,
ac◦
ac,
ba◦
bc,
edQuestion 2
Which of the following is NOT a type of unemployment?
◦ Frictional
◦ Temporal
◦ Structural
◦ Seasonal