Workers at a car-manufacturing plant are let go because automated machinery has been installed that requires fewer employees to operate. What type of unemployment describes the workers' situation?
A) Cyclical unemployment
B) Full unemployment
C) Structural unemployment
D) Frictional unemployment
Correct Answer:
Verified
Q29: What will likely lower cyclical unemployment?
A)Workers move
Q30: Technological change can result in:
A)structural unemployment.
B)natural unemployment.
C)cyclical
Q31: The target rate of unemployment can be
Q32: The target rate of unemployment:
A)remains always at
Q33: In 2001, the U.S. economy entered a
Q35: Structural unemployment:
A)includes cyclical unemployment.
B)is generally greater than
Q37: News Story: Workers at a car-manufacturing plant
Q38: Which of the following institutional changes would
Q39: Cyclical unemployment:
A)includes structural unemployment.
B)is generally greater than
Q111: The wage a person requires before accepting
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents