Bob Is Unemployed Because His Skills Have Become Obsolete Due

question 216

Multiple Choice

Bob is unemployed because his skills have become obsolete due to technological advances.This is ____ unemployment.

• A)frictional
• B)structural
• C)cyclical
• D)abnormal

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Definitions:

Consumer Product Safety Act

A United States federal law, enacted in 1972, that establishes guidelines and authority to regulate the safety of consumer products.

FTC Act

A United States law, established in 1914, aimed at promoting competition and protecting consumers from misleading or deceptive practices.

Digital Millennium Copyright Act

A United States law that addresses the rights of copyright holders, aimed at curbing copyright infringement, especially on the Internet.

Lanham Act

The Lanham Act is a federal statute that provides legal protection for trademarks, service marks, and trade dress, helping prevent consumer confusion and unfair competition.