What is structural unemployment?
What will be an ideal response?
Structural unemployment is unemployment that occurs as the economy evolves, and reflects a mismatch of skills and jobs.
Economics
You might also like to view...
Which of these sets of nations are low-income developing nations?
A. Brazil, Australia, and South Africa. B. Uganda, Madagascar, and Burkina Faso. C. Canada, Switzerland, and France. D. Germany, South Korea, and Mexico.
Economics
Comparative advantage stems from a difference in
A. relative efficiency. B. absolute efficiency. C. natural endowment. D. tastes of consumers.
Economics