Exhibit 12-2 Unemployment categories# ofIndividualsCategoryFrictional unemploymentStructural unemploymentCyclical unemploymentDiscouraged workersUnderemployed workersFully employed workersPopulationSelect one:OOOO20The unemployment rate for the economy inExhibit 12-2 is:a. 21.5 percent.b. 30.5 percent.c. 12.8 percent.d. 22.2 percent.3560510410900

Structural unemployment is a category of unemployment caused by differences between the skills…

Answered: The unemployment rate for the economy…

The unemployment rate for the economy in Exhibit 12-2 is: Select one: O O O O a. 21.5 percent. b. 30.5 percent. c. 12.8 percent. d. 22.2 percent.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Exhibit 12-2 Unemployment categories
# of
Individuals
Category
Frictional unemployment
Structural unemployment
Cyclical unemployment
Discouraged workers
Underemployed workers
Fully employed workers
Population
Select one:
O
O
O
O
20
The unemployment rate for the economy in
Exhibit 12-2 is:
a. 21.5 percent.
b. 30.5 percent.
c. 12.8 percent.
d. 22.2 percent.
35
60
5
10
410
900

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