Technological Unemployment Is a Macroeconomic Phenomenon That Occurs When

question 43

Multiple Choice

Technological unemployment is a macroeconomic phenomenon that occurs when

• A)unemployment changes due to the effects of technology in high-technology industries.
• B)unemployment changes due to the effects of monetary and fiscal policy in the New Economy.
• C)hysterisis.
• D)Eurosclerosis.
• E) unemployment changes as a result of technological change.

---

Definitions:

Operating Cash Inflow

Funds generated from a company's normal business operations, reflecting its ability to generate cash from selling goods or services.

Income Tax Rate

The percentage at which an individual or corporation is taxed on their income by the government.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an equal annual amount.

Working Capital

The discrepancy between a firm's immediate assets and its short-term obligations, showcasing the business's liquidity and how effectively it operates.