An individual is structurally unemployed if
A) there is a recession and the individual is laid off.
B) the individual wants to work just during certain months of the year.
C) the individual quits a job in order to search for a better one.
D) the individual lacks marketable job skills because technology has changed.
D
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The amount of money a lender requires for the use of funds is called:
A. interest. B. principal. C. internal rate of return. D. present discounted value.
The introduction of a new technology that increases the productivity of labor will:
A. decrease the demand for labor B. increase the demand for labor. C. decrease the supply of labor. D. increase the supply of labor.
If the United States experiences an economic boom, compared to other countries, how will this affect the value of the U.S. dollar?
A. It will fall because other nations would be forced to raise their interest rates. B. It will fall because the United States will import more goods and services, leading to an increased supply of dollars. C. It will rise because U.S. GDP would be rising faster than other countries. D. It will rise because the Fed will have to lower U.S. interest rates.
Refer to the below table. The price of the product being produced by this resource:
A. Is constant at all levels of production
B. Cannot be discerned from the given data
C. Decreases as production increases
D. Increases as production increases