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Suppose That Over a Period of Years the Country of Quasiland

Question 111

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Suppose that over a period of years the country of Quasiland switched from being an agriculturally- based economy to a technologically- based economy. As a result, many people lost jobs because they lacked the correct skills. These people would be considered part of


A) discouraged workers.
B) structural unemployment.
C) cyclical unemployment.
D) frictional unemployment.

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