Multiple Choice
Reflecting the state of the economy in 2008, the Bureau of Labor Statistics reported in October that o 1000 jobs were lost in the legal services sector. For example, one firm in Chicago stated that it had fi lawyers in 2008. A representative from the firm stated that most had worked in its real estate divisi
The lawyers that were fired are an example of _ unemployment.
A) cyclical
B) structural
C) frictional
D) efficiency wage
Correct Answer:
Verified
Correct Answer:
Verified
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