Which Type of Unemployment Arises When Changes in Technology or International

question 98

Multiple Choice

Which type of unemployment arises when changes in technology or international competition change the skills needed to perform jobs or change the location of jobs?

• A)cyclical
• B)fluctuating
• C)structural
• D)frictional
• E)skill-set

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Definitions:

Accounting Period

A specific period of time covered by accounting records and financial statements, typically a year or a quarter.

Dividends Account

An account in the general ledger that records payouts to shareholders from the company's earnings.

Permanent Account

An account that is not closed at the end of the accounting period and carries its ending balance into the next period, typically including assets, liabilities, and equity accounts.

Dividends Account

An account in the general ledger that records the amount of dividends declared by a company to be paid to shareholders.