Structural Unemployment Occurs When

question 22

Multiple Choice

Structural unemployment occurs when

• A)Workers do not have the skills required to fill the vacant positions in the job market.
• B)Firms fail in the normal course of business activity.
• C)An industry experiences a seasonal downturn.
• D)There is inadequate demand for labor.

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Definitions:

Total Budget

Total Budget refers to the combined allocation of financial resources covering all aspects and departments of an organization within a specific timeframe.

Corporate Affairs

Encompasses the management of a company's relationships and interactions with its stakeholders, including government, the public, and the media.

External Environment

The external environment includes all outside factors and influences that impact the operation of a business, such as economic, social, political, and technological factors.

Data

Information, statistics, or facts collected for analysis, reference, or calculation, often used to make decisions or inform policy.