Which of the Following Is Not Considered an Economic Reason

question 55

Multiple Choice

Which of the following is not considered an economic reason for relocating

• A) cheaper labor.
• B) lower transportation costs.
• C) lower tariffs on products imported.
• D) consolidation with retailers.

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Definitions:

Structural Unemployment

Unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for everyone who wants one.

U-5 Measure

The U-5 Measure is a broader definition of unemployment than the standard, including not only those actively seeking work but also discouraged workers and others marginally attached to the labor force.

Marginally Attached Workers

Individuals who are not in the labor force but want and are available to work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Spells Of Unemployment

Periods of time during which an individual is unemployed but actively seeking work.