Ch 13 Economic Challenges Skeleton (fill in details & explanations). Unemployment Inflation Poverty. Section 1 Unemployment. STGs: Describe/explain Unemployment Frictional Seasonal Structural Cyclical How Full Employment is measured
Even at “Full Employment Levels” in our economy, there will still be people without jobs because…
What type of unemployment exists when:
What percent of the population is poor, middle class or wealthy?
Summarize and explain each cause.
Fill in the details with summaries from page 350.