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Cyclical unemployment is: a. not one of the three types of unemployment. b. unemployment caused by time delays in matching available jobs with workers. c. unemployment caused by changes in the

Cyclical unemployment is:

a. not one of the three types of unemployment.

b. unemployment caused by time delays in matching available jobs with workers.

c. unemployment caused by changes in the industrial makeup of an economy.

d. when a worker stops looking for a job because he or she feels no job is available.

e. unemployment caused by economic downturns.

2. Which of the following is included in the Investment category of gross domestic product (GDP)?

a. interest on the national debt

b. welfare payments

c. payments to people in the military

d. Social Security payments

e. new houses built

3. By increasing the amount of unemployment benefits received by the unemployed, this will increase ________ unemployment.

a. cyclical

b. discouraged

c. frictional

d. structural

e. seasonal

May 03 2021 View more View Less

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