"I'll NEVER use that in real life!"
Remember class, discouraged workers aren't unemployed either because they've given up on looking for work.
That was so stupid! When will I ever need to know about cyclical, frictional, and structural unemployment!?
Oh, sweetie! I lost my job because of the depression!
It's okay Mom, its just the business cycle. This depression is a trough, but soon there will be expansion and you can get another job.
WOW! I can't believe that what I learned in class actually applied to my life!
Mrs. Adams! Yesterday I actually used what we learned in class in real life! I didn't know economics actually mattered!
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