
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817
Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 9
In 2005, General Motors announced a 20 percent reduction in its staffing levels and the closure of many assembly plants. Those laid off as a result would likely be classified as
A) seasonally unemployed.
B) cyclically unemployed.
C) frictionally unemployed.
D) structurally unemployed.
A) seasonally unemployed.
B) cyclically unemployed.
C) frictionally unemployed.
D) structurally unemployed.
Explanation
Hence, option (a)is incorrect.
Cyclical...
Issues in Economics Today 7th Edition by Robert Guell
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255