Structural Unemployment Is the Result of

question 317

Multiple Choice

Structural unemployment is the result of

• A) technological change or foreign competition.
• B) normal labor market turnover.
• C) a slowdown in the rate of economic expansion.
• D) irresponsible workers with poor work habits.

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Definitions:

Categorical Variables

Categorical variables are qualitative variables that can take on different categories, but which do not have a natural order or ranking.

Degrees Of Freedom

The number of independent values or quantities that can vary in the analysis without violating any constraints.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive."

Critical Values

Thresholds or boundaries in statistical tests that define the region where the null hypothesis can either be rejected or not rejected.