3. Types of unemployment The three people described in the following table are categorized as unemployed by Statistics C
Posted: Fri Jul 01, 2022 7:56 am
3. Types of unemployment
The three people described in the following table arecategorized as unemployed by Statistics Canada.
Identify each person in the table as structurally, frictionally,or cyclically unemployed.
Unemployment Type
Structural
Frictional
Cyclical
The following table shows data on frictional, cyclical,structural, and total unemployment for an economy.
Unemployment Type
Rate
(Percent)
True or False: This economy is currently at its natural rate ofunemployment.
True
False
The three people described in the following table arecategorized as unemployed by Statistics Canada.
Identify each person in the table as structurally, frictionally,or cyclically unemployed.
Unemployment Type
Structural
Frictional
Cyclical
The following table shows data on frictional, cyclical,structural, and total unemployment for an economy.
Unemployment Type
Rate
(Percent)
True or False: This economy is currently at its natural rate ofunemployment.
True
False