A knitting factory worker who loses her job because the company has relocated the plant to another country is an example of _____.
(A) Cyclical unemployment
(B) Frictional unemployment
(C) Seasonal unemployment
(D) Structural unemployment
Ans: (D) Structural unemployment
You might also like to view...
Consider a good whose consumption takes place publicly. Your decision to buy that good depends
A) both on the characteristics of the product and on how many other people are buying the good. B) only on the price of the good. C) only on how many other people buy the good. D) only on the characteristics of the good.
Which of the following assigns widely-followed bond ratings?
A) Standard & Poor's Corporation B) Securities and Exchange Commission C) Federal Reserve D) IBM
The term "saving" is a flow concept while the term "savings" is a stock concept
a. True b. False Indicate whether the statement is true or false
A spurious correlation refers to a situation where:
A. two variables are related through their correlation with a third variable. B. the correlation coefficient between two variables cannot be estimated. C. there is direct causal relationship between two variables but tests for correlations reject this relationship. D. the correlation between two variables is positive till the sample size reaches a threshold, and negative after the sample size crosses the threshold.