In Recent Times,there Has Been a Decline in the Sale

question 89

Multiple Choice

In recent times,there has been a decline in the sale of newspapers in the U.S.as people prefer to read the news on the internet.This has caused many newspaper journalists to lose their jobs.This is an example of:

• A)structural unemployment.
• B)frictional unemployment.
• C)cyclical unemployment.
• D)seasonal unemployment.
• E)underemployment.

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Definitions:

Supply

Supply is the total amount of a good or service available to consumers, often influenced by price, production costs, and market demand.

Quantity

The amount or number of a material or immaterial good considered as a unit or in total.

Technological Advance

Improvements in technology that increase productivity and efficiency, often leading to economic growth and new product development.

Expectation

The belief or anticipation about the way future events will unfold, influencing decision-making and behavior in the present.