Answer:
True
Explanation:
Total unemployment is the addition of frictional, structural, and cyclical unemployment. If there is no cyclical unemployment, the economy is at its natural rate of unemployment, equal to the sum of frictional and structural unemployment. In this situation, because cyclical unemployment is 0.0%, the economy is at its natural rate of unemployment.
Also note the following :
Structural unemployment comes from a mismatch between the jobs available in some labor markets and the skills of workers. One factor which brings structural unemployment is institutional factors such as a minimum wage, which holds wages above the marginal productivity of less skilled workers, limiting their employment chances.
Frictional unemployment occurs because job seekers and employers will need some time to locate one another.
This kind of unemployment is usually brief.
Cyclical unemployment is the form of unemployment associated with business cycles. This kind of unemployment rises during recessions and falls during expansions. Because Janet seems jobless because of the recession, she would generally be considered to be cyclically unemployed.
Through FSC certification and labeling, the end consumer can find and purchase products and materials that ... sector and the environmental organizations for its sound forest management standards and principals.
<span>The number of </span>union members peaked<span> in 1979 at an estimated 21.0 million.
This was the priod before government create regulations that set a certain standard for payment that imposed for the companies.
Before such standard was created, many companies openly gave wages below the standard of living, and many workers united in order to obtain fairness in their contract agreement</span>
<span>Federal Trade Commission were formed for those very purpose.
</span><span>Federal Trade Commission is an independent agency that established in united states. The purpose of this organization is to ensure customer protection from dishonest practices and eliminate various illegal business strategies to create a fairer competitive environment.</span>
Confidence level and self esteem may go up