From Time to Time,the Demand for Workers Has Risen in One

question 37

Multiple Choice

From time to time,the demand for workers has risen in one region of the United States and fallen in another.This illustrates

• A)frictional unemployment created by efficiency wages.
• B)structural unemployment created by efficiency wages.
• C)frictional unemployment created by sectoral shifts.
• D)structural unemployment created by sectoral shifts.

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Definitions:

Modern Economy

An economic system characterized by industrialization, technological innovation, and the widespread production and consumption of goods and services.

1932 Elections

A pivotal presidential election in the United States, leading to Franklin D. Roosevelt's victory, marked by the context of the Great Depression and significant shifts in political allegiances.

Democrats

Members or supporters of the Democratic Party, one of the two major contemporary political parties in the United States, traditionally representing liberal and progressive policies.

Presidency

Refers to the executive head of state role, typically in charge of the executive branch of government in a republic or a democracy.