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Question: What are the three main types of unemployment? Give a description or example for each.  Suppose t...

Show transcribed image text What are the three main types of unemployment? Give a description or example for each. Suppose the budget is $120 and the price of books is $60 and the prince of movies is $20. Draw the budget constraint. Change the price of books to $40 and show the new budget constraint.

What are the three main types of unemployment? Give a description or example for each. Suppose the budget is $120 and the price of books is $60 and the prince of movies is $20. Draw the budget constraint. Change the price of books to $40 and show the new budget constraint.