Which one of the following is a true statement?
A) Higher levels of education are associated with higher levels of structural unemployment
B) During a recession,cyclical unemployment rises but structural unemployment falls
C) Historically,technological change has created more jobs than it has made obsolete
D) During a recession,most unemployment is structural unemployment
Correct Answer:
Verified
Q35: The type of unemployment commonly associated with
Q36: Which of the following best describes the
Q37: Compared to the 1960s,the natural rate of
Q38: Which of the following is not a
Q39: Demand-deficient unemployment occurs when:
A)a decrease in aggregate
Q41: Suppose that a policy response to cyclical
Q42: Crowding out occurs when:
A)unemployment rises as a
Q43: Fiscal policy to combat demand-deficient unemployment is
Q44: Which of the following is not a
Q45: Implicit contracts suggest that:
A)firms may lay off
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