Unemployment That Results from Fundamental Technological Changes in Production, or from the Substitution

question 125

Multiple Choice

Unemployment that results from fundamental technological changes in production, or from the substitution of new goods for customary ones, is:

• A) the natural rate of unemployment.
• B) full employment.
• C) cyclical unemployment.
• D) frictional unemployment.
• E) structural unemployment.

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Definitions:

Adjustable Ring

A ring designed to easily change size to fit different fingers without the need for resizing by a jeweler.

Signaling Molecules

Chemicals that are used by cells to communicate with each other, often responsible for transmitting signals from one cell to another across distances.

Modify Behavior

The process of changing an individual's actions or reactions to achieve a desired effect, often through learning or adaptation.

Secreted

Secretion is the process by which substances are produced and discharged from cells or glands, often for a particular function in the body or plant.