1. The three key types of unemployment are cyclical, structural, and _________. 2. The natural rate of unemployment consists solely of _________ and _________ unemployment. 3. When the economy is at...

1. The three key types of unemployment are cyclical, structural, and _________.

2. The natural rate of unemployment consists solely of _________ and _________ unemployment.

3. When the economy is at full employment, there is no cyclical unemployment. _________ (True/False)

4. When online movies began to replace stores renting DVDs, what type or types of unemployment was created?

a. Structural and frictional

b. Structural and cyclical

c. Frictional and cyclical

d. Discouraged and cyclical