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QUESTION 1 I mentioned that unemployment is a type of inefficiency, and the textbook also talks about this with slightly different wording. Why is unemployment
QUESTION 1 I mentioned that unemployment is a type of inefficiency, and the textbook also talks about this with slightly different wording. Why is unemployment a type of inefficiency? a. Because unemployment affects people's mental health and sometimes even their physical health, taking a larger toll the longer you are unemployed, O b. Because unemployment is caused by recessions, O'c. Because unemployed people are poorer than they would be if they had jobs. O'd, Because having unemployed workers is wasting productive potential, like having a fully functional factory that you're not using. QUESTION 2 What is the difference between unemployed people and those who are not in the labor force? O a. Both groups of people do not have jobs, but the unemployed are struggling because of this situation, while those not in the labor force are happy without jobs. O b. Both groups of people do not have jobs, but the unemployed are looking for work while those not in the labor force are not looking. O'c. Both groups of people do not have jobs, but the unemployed are able-bodied adults while those not in the labor force are children or elderly. Old. Unemployed people receive assistance from the government, those not in the labor force receive no assistance
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