Solved

Suppose That Over a Period of Years the Country of Quasiland

Question 346

Multiple Choice

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. As they search for new jobs, these people are part of


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions