Evidence shows that for many people, delaying searching for a job for a year or longer after they are laid off will contribute to a deterioration of their job skills, making it harder for them to find employment
This deterioration in job skills and the subsequent retraining that is necessary to obtain employment relates to which type of unemployment?
A) seasonal B) structural C) cyclical D) frictional
B
You might also like to view...
In a country with a mixed market economy, what actions may government prevent?
a. open competition among car manufacturers b. the addition of dangerous narcotics in children's cough syrup c. a reduction in fuel prices d. the bankruptcy of a small business
According to the law of supply:
A. more of a good is desired by consumers as the price falls. B. less of a good is desired by consumers as the price rises. C. more of a good will be offered by suppliers as the price rises. D. less of a good will be offered by suppliers as the price rises.
Which antitrust law is sometimes called the "Chain Store Act"?
A. Sherman Act B. Federal Trade Act C. Clayton Act D. Robinson-Patman Act
Refer to the figure below. What is the price elasticity of demand when the price of rice is $3 per pound?
A. 2 B. 0.5 C. 0.75 D. 0.67