Examlex
Which of the following is a correct statement about the second law of thermodynamics and entropy?
Sectoral Shifts
Changes in economic activity or labor market demand across different sectors or industries over time.
Temporarily Cause Unemployment
Situations or policies that lead to a short-term increase in unemployment, as workers transition between jobs or industries adjust to new conditions.
Sectoral Shifts
Changes in the economic landscape that cause resources (like labor) to move from one industry or sector to another, often due to technological changes or globalization.
Frictional Unemployment
Short-term unemployment that occurs when transitioning between jobs or entering the workforce.
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