Officially, someone is considered unemployed if he/she is out of work, is willin

Question

Officially, someone is considered unemployed if he/she is out of work, is willing and able to work, and is Workers that leave one job to search for another and job-seekers that have recently entered the labor force are consider to be unemployed. A person that must be retrained or relocated to be employed is considered to be unemployed. The type of unemployment associated with economic downturns and recessions is called unemployment. The rate of unemployment that occurs when the economy is at full employment is called the People who are willing and able to work but have given up actively seeking employment due to lack of success are called The major macroeconomic goals include and economic growth. During inflationary periods, the purchasing power of the dollar inflation occurs when the total (aggregate) demand for goods and services in the economy increases faster than the total (aggregate) supply of all goods and services.

Explanation / Answer

1. Not looking for job

2. Frictionally

3. Structurally unemployed.

4. Cyclical

5. Natural Rate of Unemployment.

6. discouraged workers

7.Full Employment

8.Stability

9. Falls

10. Demand

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