Long-Term Changes in Demand That Make Some Goods Obsolete (Possibly

question 4

Multiple Choice

Long-term changes in demand that make some goods obsolete (possibly due to technological advancement) are likely to have their greatest impact on

• A)Structural unemployment.
• B)Cyclical unemployment.
• C)Frictional unemployment.
• D)Seasonal unemployment.

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Definitions:

Less Bureaucracy

An approach aiming for streamlined operations, with fewer levels of hierarchy and simpler procedures.

Workflow Analysis

The study of business processes, identifying tasks and their sequences, to improve efficiency and effectiveness.

Stacked Incident Method

A technique in research or analysis where multiple instances or cases are layered to study trends or patterns.