Multiple Choice
When a group of workers find that their job skills and work experience have become obsolete and are not needed by industry, this type of unemployment is:
A) search.
B) frictional.
C) structural.
D) cyclical.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: Waiting for employment and "searching for employment"
Q42: Which phase of the business cycle would
Q43: The national unemployment rate in Canada:<br>A)reveals the
Q44: The unemployment rate in an economy is
Q45: Suppose the nominal annual interest rate on
Q47: If the actual GDP is less than
Q49: Assuming the total population is 100 million,
Q50: Unanticipated inflation:<br>A)hurts people whose income is fixed.<br>B)hurts
Q51: Inflation initiated by increases in wages or
Q99: Unanticipated inflation benefits creditors and savers.