Structural Unemployment Occurs When

question 28

Multiple Choice

Structural unemployment occurs when:

• A)automation reduces the need for welders in Detroit.
• B)frictional unemployment exceeds 5 percent of the labor force.
• C)steelworkers are laid off due to a downturn in the economy.
• D)a person leaves a job to seek a better position and can't find the job he or she wants.

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Definitions:

Asset Account

Represents tangible and intangible items of value owned by a company, showing up on the balance sheet.