cyclically

long term

structurally

frictionally

the extra unemployment that occurs during periods of recession

the unemployment that results when people retire or leave the labour force

the additional unemployment not captured in official statistics resulting from discouraged workers and involuntary part-time workers

short-term unemployment that is associated with the process of matching workers with jobs

the extra unemployment that occurs during periods of recession

long-term and chronic unemployment that exists even when the economy is producing at a normal rate

the unemployment that results when people retire or leave the labour force

the additional unemployment not captured in official statistics resulting from discouraged workers and involuntary part-time workers

4%

3%

5%

6%

workers lose and employers gain

workers lose and employers lose

workers gain and employers gain

workers gain and employers lose

you will be paying the loan back with dollars that have much less purchasing power than you had expected

you will be paying the loan back with dollars that have the same purchasing power as the dollars you borrowed

you will be paying the loan back with dollars that have much higher purchasing power than you had expected

you, the borrower, will gain from an intended redistribution of wealth