Multiple Choice
The mortgage crisis caused a lot of consumers to stop spending money. The decrease in spending led to a decrease in production. Which type of unemployment resulted?
A) structural
B) frictional
C) cyclical
D) statistical
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Full employment<br>A) consists of frictional unemployment and
Q38: Which of these would be considered frictional
Q39: _ is a measure of the change
Q40: Suppose Robert has a wage contract subject
Q41: Jill has an escalator clause in her
Q43: The nonaccelerating inflation rate of unemployment is
Q44: Supply shocks can cause inflation.
Q45: If the current year's consumer price index
Q46: If the cost of a typical market
Q47: Which of these would be included in