The Labourers Displaced Due to Assembly-Line Automation May Not Have

question 52

Multiple Choice

The labourers displaced due to assembly-line automation may not have the skills needed to operate the computerized machines that replaced them. This is an example of which type of unemployment?

• A) cyclical
• B) operational
• C) frictional
• D) structural

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Definitions:

Price Floor

A government- or authority-imposed minimum price that can be charged for a commodity, to prevent prices from dropping too low.

Lettuce

A leafy green vegetable, commonly used in salads and other dishes, known for its crisp texture and mild flavor.

Equilibrium Price

The equilibrium price where goods supplied and goods demanded are in balance.

Price Floor

A government- or authority-imposed minimum price on goods or services, below which they cannot be sold, usually set to prevent market prices from falling too low.