QUESTION 10 As firms search for the best employee to fill an opening and the une

Question

QUESTION 10 As firms search for the best employee to fill an opening and the unemployed search for the job that best fits their skills, the economy experiences O frictional unemployment O structural unemployment O avoidable unemployment O cyclical unemployment QUESTION 11 0.333 During 2009, General Motors announced that it would close its Saturn facilities in the United States because of the foreign competition it faced This corporate move decreased frictional unemployment O increased structural unemployment O increased cyclical unemployment increased avoidable unemployment. QUESTION 12 8.33333 The unemployment that fluctuates over the business cycle is called structural unemployment. natural unemployment cyclical unemployment frictional unemployment.

Explanation / Answer

10 . Structural unemployment ( Due to mismatch between skills employer want and employee have to offer)

11. Increased cyclical unemployment ( Increased competition is due to downturn in business cycle)

12 Cyclical unemployment( Due to downturn in business cycle)

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