Some individuals are unemployed because they are laid off from their jobs when the economy is sluggish. These individuals would be considered a) structurally unemployed. O b) cyclically unemployed. O c) marginally attached workers. O d) frictionally unemployed. O e) overemployed.

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter16: Business Cycles And Unemployment
Section: Chapter Questions
Problem 13SQ
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52

Consider the following graph to answer the next five questions.
Real
GDP
Long-run
trend of GDP
Short-run path
Time
2000
2001
2004
2005
2008
009
Transcribed Image Text:Consider the following graph to answer the next five questions. Real GDP Long-run trend of GDP Short-run path Time 2000 2001 2004 2005 2008 009
Some individuals are unemployed because they are laid off from their jobs when the
economy is sluggish. These individuals would be considered
a) structurally unemployed.
O b) cyclically unemployed.
O c) marginally attached workers.
O d) frictionally unemployed.
O e) overemployed.
Transcribed Image Text:Some individuals are unemployed because they are laid off from their jobs when the economy is sluggish. These individuals would be considered a) structurally unemployed. O b) cyclically unemployed. O c) marginally attached workers. O d) frictionally unemployed. O e) overemployed.
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