Answered step by step
Verified Expert Solution
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started