A)  Those who have been unemployed for more than 15 weeks.

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B)  Those who want a job but have stopped looking for work.

C)  Those who are working part time but would like to work full time.

D)  All of the above.

Which of the following is included in the broadest (i.e. most inclusive) measure of unemployment reported by the Bureau of Labor Statistics?

A)  People are permanently unemployed; people are temporarily unemployed.

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B)  People are temporarily unemployed; the unemployment rate is consistent with aggregate production.

Structural unemployment occurs when ____________, and frictional unemployment occurs when _________.

C)  There is a mismatch between job requirements and employee skills; workers are temporarily unemployed.

D)  All of the above.

D)  With structural unemployment the number of unemployed exceeds the number of job vacancies.

What is the difference between cyclical and structural unemployment?

B)  Cyclical unemployment occurs when there is not enough aggregate demand in an economy.

A)  Structural unemployment occurs when there is not enough aggregate demand in an economy.

C)  With cyclical unemployment the number of job vacancies exceeds the number of unemployed.

C)  Structural unemployment

B)  Frictional unemployment

A)  Seasonal unemployment

Bill is a construction worker who was laid off because the market for new homes has been adversely affected in the recession. Bill's unemployment is considered part of what type of unemployment?

D)  Cyclical unemployment