O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2011 · Q321 Mark

Which type of unemployment is generally regarded by economists as the least serious for the economy?

Acyclical

Bfrictional

Cregional

Dstructural

✓ Correct answer

B: frictional

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Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2011 Paper 1 Variant 1, question 32.

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