题目
题目

FA25 ECON 302 002 Homework #5 (Labor Market)

单项选择题

Which of the following is an example of cyclical unemployment?

选项
A.A worker loses her job because the minimum wage increases substantially.
B.A worker quits her current job in order to look for one that better matches her skills.
C.A worker is unemployed because the cost of finding a job in another city is too high.
D.A worker loses her job because the economy enters a recession.
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标准答案
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思路分析
To tackle the question, we first recall what cyclical unemployment means: it arises from shortfalls in economic activity during a downturn, causing job losses across the economy. Option 1: 'A worker loses her job because the minimum wage increases substantially.' This scenario ......Login to view full explanation

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类似问题

Cyclical unemployment rises during economic recessions and falls during economic expansions.

Cyclical unemployment rises during economic recessions and falls during economic expansions.

Employed  86,000 Persons Unemployed  14,000 Persons Civilian Population 125,000 Persons Total Population 150,000 Persons The table above shows the labor-market data published by the government of a small hypothetical country. The natural rate of unemployment in this country is 4%. What is the cyclical rate of unemployment in this country?

Cyclical unemployment rises during economic recessions and falls during economic expansions.

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