The Elimination of Hourly Rate Assembly Line Jobs for Unskilled

question 75

Multiple Choice

The elimination of hourly rate assembly line jobs for unskilled workers by robots is an example of

• A)involuntary unemployment.
• B)mismatch unemployment.
• C)cyclical unemployment.
• D)turnover unemployment.

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Definitions:

Five-Year Renewal

Typically refers to the option or requirement to renew a contract, license, or agreement for an additional five-year period.

Mechanical Engineer

A professional who applies principles of physics and materials science for the design, analysis, manufacturing, and maintenance of mechanical systems.

Valid Contract

A contract that results when the elements necessary for contract formation (agreement, consideration, contractual capacity, and legality) are present.

Unilateral Contract

A contract that results when an offer can be accepted only by the offeree’s performance.