What type of unemployment would result if an entire industry is eliminated because of new technology?
A) Cyclical unemployment.
B) Frictional unemployment.
C) Structural unemployment.
D) Unemployment would not necessarily change.
Correct Answer:
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Q25: Which of the following relates to cyclical
Q26: What is meant by cyclical unemployment?
A)Unemployment that
Q27: What is meant by frictional unemployment?
A)Unemployment that
Q28: What occurs at the economy's natural rate
Q29: What type of unemployment is associated with
Q31: What is meant by structural unemployment?
A)Unemployment that
Q32: According to most economists,presently,what is the natural
Q33: Assume Brown is temporarily unemployed because she
Q34: Thompson has lost his job at a
Q35: Which of the following statements concerning the
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