Daniel,Steven,and Chris work as engineers in Connecticut.The demand for engineers starts to decline as their company's profits start to decrease during a recession.As a result,Daniel and Steven are laid off from their jobs.Daniel and Steven would be classified as
A) frictionally unemployed.
B) discouraged workers.
C) structurally unemployed.
D) overemployed.
E) cyclically unemployed.
Correct Answer:
Verified
Q51: Consider an economy producing at its full
Q52: Anything that lengthens the job search process
Q53: During normal economic times,unemployment in Europe tends
Q54: A government program that reduces the hardship
Q55: Some individuals are unemployed because they are
Q57: One argument against unemployment insurance is that
Q58: Cyclical unemployment is
A) unemployment caused by time
Q59: JTKB is an accounting firm in South
Q60: During a recession,fewer individuals fly across the
Q61: Which of the following equations represents the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents