Which of the Following Is an Example of Structural Unemployment

question 17

Multiple Choice

Which of the following is an example of structural unemployment?

• A)An autoworker who is temporarily laid off from an automobile company due to a decline in sales.
• B)A geologist who is permanently laid off from an oil company due to a new technological advance.
• C)A worker at a fast-food restaurant who quits work and attends college.
• D)A real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California.

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Definitions:

Leather Shoes

Footwear made from the hide of animals, treated and fashioned into various styles and forms for practical and fashion purposes.

Downward-Sloping

Describes a line or curve that moves from the upper left to the lower right, often used to illustrate a decrease in price leading to an increase in demand.

Upward-Sloping

A term often used in economics to describe a curve or line on a graph that increases in value as you move from left to right, indicating a direct relationship between two variables.

Excise Tax

A tax on the sale or use of specific products or transactions.