How would you BEST describe a manufacturing employee who has been fired because he was replaced by a robot (new technology) and does not have the skills necessary to help operate the robot?
A) Job leaver
B) Structurally unemployed
C) Entrant/reentrant
D) Cyclically unemployed
Correct Answer:
Verified
Q4: Cyclical unemployment
A)occurs when technology improvements change job
Q5: The BEST example of a frictionally unemployed
Q6: Which of the following situations BEST describes
Q7: Unemployment caused by the normal labour turnover
Q8: A major characteristic of structural unemployment that
Q10: The labour force is the sum of
Q11: A recession causes a decrease in the
Q12: Hyperinflation is defined as
A)very low inflation rates.
B)declining
Q13: Suppose that the price level was 100
Q14: If the price levels for the last
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