as a result of decreased production, david lost his job designing cars. which terms can be used to describe…

as a result of decreased production, david lost his job designing cars. which terms can be used to describe david? select two options.\n□ cyclically unemployed\n□ domestically unemployed\n□ frictionally unemployed\n□ structurally unemployed\n□ still employed\n□ unemployed

as a result of decreased production, david lost his job designing cars. which terms can be used to describe david? select two options.\n□ cyclically unemployed\n□ domestically unemployed\n□ frictionally unemployed\n□ structurally unemployed\n□ still employed\n□ unemployed

Answer

Brief Explanations:

Cyclical unemployment occurs due to fluctuations in the business - cycle like decreased production. Since David lost his job because of decreased production, he is cyclically unemployed. Also, as he has lost his job, he is unemployed. Frictional unemployment is due to normal job - search time, structural unemployment is due to a mismatch between skills and job requirements, and there is no such term as domestically unemployed in standard economic unemployment classification.

Answer:

A. cyclically unemployed F. unemployed