Multiple Choice
Suppose that in 2007, the demand for construction workers increased and the demands for textile and steel workers diminished. Which of the following types of unemployment does this situation illustrate?
A) frictional unemployment created by a sectoral shift
B) structural unemployment created by a sectoral shift
C) frictional unemployment created by efficiency wages
D) structural unemployment created by efficiency wages
Correct Answer:
Verified
Correct Answer:
Verified
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