Technological Unemployment Is a Macroeconomic Phenomenon That Occurs When

question 43

Multiple Choice

Technological unemployment is a macroeconomic phenomenon that occurs when

• A)unemployment changes due to the effects of technology in high-technology industries.
• B)unemployment changes due to the effects of monetary and fiscal policy in the New Economy.
• C)hysterisis.
• D)Eurosclerosis.
• E) unemployment changes as a result of technological change.

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Definitions:

Prejudice

A preconceived opinion or judgment towards people, groups, or subjects that is not based on reason or actual experience.

Realistic Conflict Theory

A theory suggesting that group conflict, negative prejudices, and stereotypes emerge from competition between groups for limited resources.

In-group

A social group to which a person psychologically identifies as being a member.

Out-group

A social group to which an individual does not identify or belong, often seen as different or separate from one’s own in-group.