Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which statement describes unemployment in the United States? Question content area bottom Part 1 A. A primary goal of the U.S. government is to eliminate

Which statement describes unemployment in the United States? Question content area bottom Part 1 A. A primary goal of the U.S. government is to eliminate unemployment. B. There is always someone without a job who is searching for one, so there is always some unemployment. C. Unemployment increases in an expansion and decreases in a recession. D. A healthy U.S. economy has zero unemployment. Part 2 What is the unemployment that arises when changes in technology or international competition change the skills needed toperform jobs or change the location of jobs? The unemployment that arises when changes in technology or international competition change the skills needed to perform jobs or change the location of jobs is ______. A. natural unemployment B. frictional unemployment C. structural unemployment D. cyclical unemployment

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

Microeconomics

Authors: Paul Krugman, Robin Wells

4th Edition

1464143870, 9781464143878

More Books

Students also viewed these Economics questions