Which of the Following Individuals Is the Best Example of a Structurally

question 167

Multiple Choice

Which of the following individuals is the best example of a structurally unemployed worker?

• A) a recent college graduate who has entered the labor force
• B) an individual who has been laid off from his job because of a business cycle recession
• C) an automobile worker who has lost her job because of an increase in automobile imports and does not have the skills currently needed by businesses
• D) an individual who quits one job in the hope of finding a better job

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Definitions:

Wheat

A cereal grain that is a worldwide staple food, grown in numerous varieties.

Cattle

Large domesticated bovines raised for their milk, meat (beef), or hides.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing an option over another.

Crude Oil

An organic, unprocessed fossil fuel consisting of hydrocarbon reserves and additional organic matter.