Structural unemployment exists when
A. the government decides who is unemployed.
B. there are too few workers to fill available jobs.
C. there is a mismatch between worker skills and employer needs.
D. the construction industry lays workers off.
Answer: C
Economics
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Relative to a perfectly competitive market with the same cost and demand, a single-price monopolist produces ________ output and has a ________ price
A) more; higher B) less; lower C) more; lower D) less; higher
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