Structural Unemployment Is Unemployment Caused By

question 89

Multiple Choice

Structural unemployment is unemployment caused by:

• A) temporary changes in jobs.
• B) discrimination.
• C) the time required to match employers and workers.
• D) a mismatch between worker skills and employer requirements.

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Definitions:

Manufacturing Departments

Specialized subdivisions within a manufacturing facility where different stages of the production process are carried out.

Markup

A term used in accounting and finance to describe the difference between the cost of a good or service and its selling price.

Activity At Capacity

The level of operations where a company or a production process is utilizing all available resources without any waste.

Fixed Manufacturing Overhead

Indirect manufacturing costs that do not change with the level of production, such as salaries of managers and depreciation of factory equipment.