Question

which statement is false re: types of unemploymenta)frictional workers unable to find work being between jobs. b)structural workers who are unable to find work due to skills. c)cyclical is caused by business cycle.d)discouraged workers are seeking a job but drop out of the work force because unable to find a job after searching a reasonable amount of time.

Answer 1

The false statement is that cyclical unemployment is caused by the business cycle. Therefore, the correct option is C.

Step-by-step explanation:

The statement that is false regarding the types of unemployment is c) cyclical is caused by the business cycle.

Cyclical unemployment refers to a type of unemployment that occurs due to fluctuations in the business cycle. During economic downturns, businesses may lay off workers, resulting in higher cyclical unemployment. Therefore, it is incorrect to say that cyclical unemployment is caused by the business cycle.

Examples of the other types of unemployment mentioned in the options are:

1. Frictional unemployment: occurs when individuals are temporarily between jobs, such as workers searching for new employment after leaving their previous jobs.
2. Structural unemployment: happens when individuals lack the necessary skills for available jobs. For example, workers who are unable to find employment due to technological advancements that have made their skills obsolete.
3. Discouraged workers: are individuals who have given up actively seeking employment due to the inability to find a job after searching for a reasonable amount of time.