Chapter 12, Problem 6AA

To determine

To choose: the correct word that completes the given sentence.

Answer to Problem 6AA

The appropriate word that completes the given sentence is displaced.

Explanation of Solution

Unemployment is a crucial economic indicator as it indicates worker’s willingness (or incapacity) to obtain gainful jobs readily and add to the economy's productive output. More unemployed workers mean that there would be less overall economic activity than there might have otherwise. But unlike idle resources, unemployed workers in their time of unemployment still have to sustain at least subsistence consumption.

Economics Concept Introduction

Introduction:

Unemployment arises when an individual actively looking for work cannot find a job. Sometimes, unemployment is used as an indicator of the economic health. The most popular indicator of unemployment is the rate of unemployment.