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    Economics Private and Public Choice
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    Exam 8: Economic Fluctuations, unemployment, and Inflation
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    Bob Is Unemployed Because His Skills Have Become Obsolete Due
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Bob Is Unemployed Because His Skills Have Become Obsolete Due

Question 216

Question 216

Multiple Choice

Bob is unemployed because his skills have become obsolete due to technological advances.This is ____ unemployment.


A) frictional
B) structural
C) cyclical
D) abnormal

Correct Answer:

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