Consumers Decide to Buy More Computers and Fewer Typewriters

question 111

Multiple Choice

Consumers decide to buy more computers and fewer typewriters.As a result,computer companies expand production while typewriter companies lay-off workers.This is an example of

• A)structural unemployment created by efficiency wages.
• B)cyclical unemployment created by a recession.
• C)frictional unemployment created by a sectoral shift in demand.
• D)None of the above is correct.

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Definitions:

T Test

A statistical test used to determine if there is a significant difference between the means of two groups.

Independent Variable

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

Grade Level

A measure of the schooling year that an individual is in, often used in educational settings to categorize students.

Parental Involvement

The participation and commitment of parents in their children's educational activities and schooling.