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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    When the Automobile Replaced the Horse as the Primary Means
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When the Automobile Replaced the Horse as the Primary Means

Question 41

Question 41

Multiple Choice

When the automobile replaced the horse as the primary means of transportation, the unemployment rate of blacksmiths increased. This was an example of


A) cyclical unemployment.
B) frictional unemployment.
C) seasonal unemployment.
D) structural unemployment.

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