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Please state the definition for the three types of unemployment discussed in the course. Provide an

explanation for each. 

(a) What does a high rate of cyclical unemployment mean for economic growth relative to the long‐

term? Briefly explain your answer. 

(b) What will happen to the rate of structural unemployment if an economic slowdown means taxi 

drivers lose their jobs? Briefly explain your answer. 

(c) Has the increase in the use of technology (e.g. internet) in recent years helped reduce the average 

time of frictional unemployment relative to the 1980s and 1990s when most communication 

between potential employers and employees were based on traditional letters and telephone 

The following three statements are all false. Briefly explain why this is so. 

(a) A sudden increase in children born last year has caused the size of the labour force to increase.  

(b) All part‐time workers are underemployed. 

(c) A rise in the number of stay‐at‐home mothers increases the unemployment rate. 

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