When the economy switches production toward services and away from manufacturing and workers in the manufacturing industry are permanently laid off,
A) frictional and cyclical unemployment increase.
B) frictional unemployment decreases.
C) structural unemployment increases.
D) cyclical unemployment increases.
Correct Answer:
Verified
Q194: Which type of unemployment increases during a
Q195: Cyclical unemployment occurs when
A) individuals give up
Q196: Cyclical unemployment
A) occurs when technology improvements change
Q197: Cyclical unemployment is the result of
A) the
Q198: The primary factor leading to cyclical unemployment
Q200: How would you best describe a manufacturing
Q201: Recessions and expansions affect most strongly which
Q202: Full employment means that
A) no one is
Q203: The economy is at full employment when
A)
Q204: An observer of the economy notices that
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