(a) frictional/seasonal unemployed: 1750
(b) structurally unemployed: 250+150=400
(c) cyclically unemployed: 800
(d) category of unemployed do the people in (v) fit into:“discouraged” workers: 370
(e)Frictional unemployment: a component of the natural unemployment rate that arises from the fact that the job search process is not instantaneous.
Structural unemployment: unemployment resulting from structural changes in the economy, such as the development of a new technology or industry; this is part of the natural unemployment rate.
Cyclical unemployment: unemployment associated with recession and expansion; it can be positive or negative. The current unemployment rate will depend on both the natural unemployment rate and the current level of cyclical unemployment.
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