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
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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.