Multiple Choice
Consumers decide to buy more computers and fewer typewriters.As a result,computer companies expand production while typewriter companies lay-off workers.This is an example of
A) structural unemployment created by efficiency wages.
B) cyclical unemployment created by a recession.
C) frictional unemployment created by a sectoral shift in demand.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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