Technological Unemployment Is a Macroeconomic Phenomenon That Occurs When

question 59

Multiple Choice

Technological unemployment is a macroeconomic phenomenon that occurs when:

• A) hysteresis.
• B) unemployment changes due to the effects of technology in high- technology industries.
• C) unemployment changes due to the effects of monetary and fiscal policy in the New Economy.
• D) Eurosclerosis.
• E) unemployment changes as a result of technological change.

---

Definitions:

Recall Information

Recall information refers to the process of retrieving previously learned and stored information from one's memory without the aid of or with very few external cues.

Flashbulb Memory

A highly detailed and vivid memory of a momentous event, often retained with the clarity of a photograph.

United States

A country located primarily between Canada and Mexico on the North American continent, consisting of 50 states and a federal district.

September 11

The date of a series of coordinated terrorist attacks by the Islamic extremist group al-Qaeda against the United States in 2001.