A worker who loses a job at a call center because the company moved the call center operations to another country is an example of:
A. Frictional unemployment
B. Structural unemployment
C. Cyclical unemployment
D. Disguised unemployment
B. Structural unemployment
Economics
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Social Security is:
A. not purely a pension program, because some people receive more than they paid in. B. a means-tested public assistance program designed to assist the poor. C. a means-tested public assistance program designed to reduce income inequality. D. a pension program that returns benefits to participants equal to the amount paid in.
Economics
The process by which resources are transformed into useful forms is
A. capitalization. B. production. C. consumption. D. allocation.
Economics