AP Macroeconomics Quiz
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ECONOMIC INDICATORS AND THE BUSINESS CYCLE
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Based on the labor market information shown for County F, which statement best identifies the primary unemployment type affecting the laid-off workers?
County F Labor Market (thousands)
- Spring: Employed 240; Unemployed 10; Not in labor force 50
- Summer: Employed 232; Unemployed 18; Not in labor force 50
A local factory permanently closed after automation reduced the need for assembly-line labor, while other industries in the county were stable.
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