Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Unemployment: Name the type of unemployment described in each of the example, OR specify that the person is not part of the labor force.

1 Unemployment: Name the type of unemployment described in each of the example, OR specify that the person is "not part of the labor force".

Answer____________________________

people are out of work because GDP is only growing at 2% and inflation is 6%

2 Unemployment: Name the type of unemployment described in each of the example, OR specify that the person is "not part of the labor force".

Answer_____________________________

It is March, and construction workers in Kingston are out of work

3 Name the type of unemployment described in each of the example, OR specify that the person is 'not part of the labor force'.

Answer____________________________________

A man wins $275 million in the lottery and never works again.

4 Name the type of unemployment described in each of the example, OR specify that the person is 'not part of the labor force'.

Answer_______________________________

Computer Laboratory Technicians are losing their jobs because schools are hiring System's Administrators because of the COVID 19 Pandemic.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Economic Development Of Latin America Since Independence

Authors: Luis Bértola, Luis Bértola

1st Edition

0191638242, 9780191638244

More Books

Students also viewed these Economics questions

Question

What was the positive value of Max Weber's model of "bureaucracy?"

Answered: 1 week ago