Suppose That Because of a Change in Diets,bakeries Need Fewer

question 72

Multiple Choice

Suppose that because of a change in diets,bakeries need fewer workers and ranches and steak houses need more workers.This change would create

• A)frictional unemployment.
• B)structural unemployment.
• C)both frictional and structural unemployment.
• D)neither frictional unemployment nor structural unemployment.

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Definitions:

Constant Rate

A rate of change that remains the same over a given period of time, indicating uniformity in growth or decline.

Customer Demands

The specific needs and desires of customers that influence their purchasing behavior and choices.