Multiple Choice
Suppose that consumers decide to walk to work more frequently and drive cars less.Companies that make walking shoes hire workers,while automobile companies lay off workers.This is an example of
A) frictional unemployment created by sectoral shifts.
B) frictional unemployment created by efficiency wages.
C) structural unemployment created by efficiency wages.
D) structural unemployment created by sectoral shifts.
Correct Answer:
Verified
Correct Answer:
Verified
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