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book Essentials of Economics 7th Edition by Gregory Mankiw cover

Essentials of Economics 7th Edition by Gregory Mankiw

Edition 7ISBN: 978-1285165950
book Essentials of Economics 7th Edition by Gregory Mankiw cover

Essentials of Economics 7th Edition by Gregory Mankiw

Edition 7ISBN: 978-1285165950
Exercise 19
Are the following workers more likely to experience short-term or long-term unemployment? Explain.
a. a construction worker laid off because of bad weather
b. a manufacturing worker who loses his job at a plant in an isolated area
c. a stagecoach-industry worker laid off because of competition from railroads
d. a short-order cook who loses his job when a new restaurant opens across the street e. an expert welder with little formal education who loses his job when the company installs automatic welding machinery
Explanation
Verified
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a. ' A construction worker laid off beca...

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Essentials of Economics 7th Edition by Gregory Mankiw
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