Some Economists Argue That the Recent Relatively High Rate of Unemployment

question 70

True/False

Some economists argue that the recent relatively high rate of unemployment has resulted in part from the fact that some people have not made the adjustment to modern technologies.

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Definitions:

Demand Increase

A rise in the quantity of a product or service that consumers are willing and able to purchase at various prices.

Italian Soccer Player

An individual of Italian nationality or descent who plays the sport of soccer professionally.

Soccer

A sport involving two teams of eleven players each, where the objective is to score by getting a ball into the opposing team's goal.

Auto Washers Union

A hypothetical or specific labor union representing workers in the auto washing sector, focusing on workers' rights and labor conditions.