Unemployment That Occurs from Fundamental Technological Changes in the Production

question 68

Multiple Choice

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

• A) cyclical unemployment.
• B) seasonal unemployment.
• C) frictional unemployment.
• D) structural unemployment.

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Definitions:

Reward

Something given in recognition of service, effort, or achievement, serving as a form of motivation or incentive.

Punishment

A method employed to reduce or eliminate undesirable behavior by imposing penalties or adverse consequences.

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Theoretical Stimulus

An abstract concept or idea used to provoke or explore psychological responses or behaviors in theoretical models.