When the economy goes into recession, the biggest increase in unemployment is ________. A. structural because jobs
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When the economy goes into recession, the biggest increase in unemployment is ________.
A. structural because jobs are lost in most states B. cyclical because jobs are lost in many industries as they cut production C. frictional because the creation of jobs slows D. the combination of structural and frictional as few new jobs are created
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Related Book For
Essential Foundations Of Economics
ISBN: 9781786633255
8th Edition
Authors: Robin Bade, Michael Parkin
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