The type of unemployment that is most likely to arise as a result of technological changes is
A. structural unemployment.
B. cyclical unemployment.
C. frictional unemployment.
D. seasonal unemployment.
Answer: A
You might also like to view...
If a tax is imposed on a product, the buyer will always bear the entire burden of the tax
Indicate whether the statement is true or false
If total revenue falls as more output is produced,
a. marginal revenue is negative b. marginal revenue is positive c. marginal cost is negative d. average revenue is negative e. total costs exceed total revenue
A positive cross elasticity of demand means two goods
a. have downward-sloping demand curves b. are substitutes and may belong to the same market c. are complements and may belong to the same market d. are normal goods e. have upward-sloping demand curves
Which of the following best summarizes the importance of business failure and the central idea of "creative destruction in a market economy"?
What will be an ideal response?