Structural Unemployment Is

question 85

Multiple Choice

Structural unemployment is

• A) due to the fact that workers must search for appropriate job offers.
• B) a result of a poor match of worker's abilities and skills with current requirements of employers.
• C) a result of business recessions that occur when aggregate demand is insufficient to create full employment.
• D) a result of the seasonal pattern of work in specific industries.

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Definitions:

Technological Advance

The process of developing new technologies or improving existing ones to increase productivity or solve problems.

Soil Fertility

The ability of soil to provide essential nutrients to plants in adequate amounts for growth.

Overgrazing

The degradation of a grazing land, resulting from livestock grazing at a rate higher than the capacity of the land to regenerate.

Production Possibilities Curve

A graph that shows the combinations of two goods that can be produced using all available resources and technology efficiently.