Multiple Choice
Suppose that the number of jobs for engineers expands by 10 percent per year,the number of new engineers by 5 percent per year while the number of automobile mechanics grows by 8 percent and the number of new automobile mechanics jobs grows by 3 percent.We conclude that
A) frictional unemployment will increase.
B) frictional unemployment will decrease.
C) structural unemployment will increase.
D) structural unemployment will increase 4 times.
Correct Answer:
Verified
Correct Answer:
Verified
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