Multiple Choice
When the automobile replaced horse- drawn carriages as the principal means of transportation, firms producing horse- drawn carriages went bankrupt and permanently laid off all their workers, thereby increasing
A) cyclical unemployment.
B) structural unemployment.
C) frictional and cyclical unemployment.
D) frictional unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -If the CPI
Q50: The New York Times reported in november
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -The above table
Q52: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the table
Q53: Suppose the number of people employed is
Q55: The natural unemployment rate<br>A) is thought by
Q56: Reflecting the state of the economy in
Q57: When the economy is operating at full
Q59: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -The tables above
Q292: What is the relationship over the business