Structural unemployment refers to unemployment resulting from
a. technological change
b. being in the wrong location at the wrong time
c. taking the time to find a better job
d. working at a job that does not challenge your abilities
e. a recession in the economy
A
Economics
You might also like to view...
If the long-run aggregate supply curve is vertical
A) the short-run Phillips curve must be vertical. B) the economy stays at the natural rate of inflation in the long run. C) the trade-off between unemployment and inflation cannot be permanent. D) unemployment and inflation are positively related in the long run.
Economics
Explain the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns, absolute advantage or comparative advantage? Why?
Economics