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What is the name of unemployment that occurs in certain periods in the economy? a) frictional B) negative unemployment NS) Structural unemployment D) incidental unemployment TO) Perio

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: The Short-run Trade-off Between Inflation And Unemployment

Section: Chapter Questions

Problem 3QR

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Question

16 -

: What is the name of unemployment that occurs in certain periods in the economy?

a)	frictional

B)	negative unemployment

NS)	Structural unemployment

D)	incidental unemployment

TO)	Periodical

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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