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  3. Study Set
    Principles of Economics Study Set 1
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    Exam 20: The Labor Market: Workers, Wages, and Unemployment
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    Heterogeneity and the Dynamic Nature of Labor Markets Are the Principal
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Heterogeneity and the Dynamic Nature of Labor Markets Are the Principal

Question 14

Question 14

Multiple Choice

Heterogeneity and the dynamic nature of labor markets are the principal causes of ________ unemployment.


A) cyclical
B) chronic
C) structural
D) frictional

Correct Answer:

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