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\noptically unemployed \ndomestically unemployed \nstructurally unemployed \nstill employed \nunemployed

as a result of decreased production, david lost his job designing cars. which terms can be used to describe david? select two options. \n\noptically unemployed \ndomestically unemployed \nstructurally unemployed \nstill employed \nunemployed

Answer

Brief Explanations:

Cyclical unemployment occurs due to fluctuations in the business - cycle like decreased production. Unemployment simply means not having a job. David lost his job due to decreased production (a business - cycle factor), so he is cyclically unemployed and also unemployed in general. Structural unemployment is due to a mismatch between skills and jobs, and frictional unemployment is related to the time it takes to find a new job. There is no indication of domestic or institutional unemployment here.

Answer:

A. cyclically unemployed F. unemployed