A Number of Semi-Skilled Workers in an Industry Find Themselves

question 10

Multiple Choice

A number of semi-skilled workers in an industry find themselves out of work when improvements in technology render their jobs obsolete.These workers experience

• A)transitional unemployment.
• B)technological unemployment.
• C)structural unemployment.
• D)frictional unemployment.

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Definitions:

Selling Shares

The act of offering ownership interests in a corporation to investors in exchange for capital.

Investment Revenue

Income earned from various forms of investments like stocks, bonds, mutual funds, or rental properties.

Unearned Revenues

Money received by a business for services or products that have not yet been provided or delivered to the customer.

Sales Revenue

The revenue a company earns from selling products or delivering services.