1. Unemployment caused by changes in consumer demographics and automation technology is known as cyclical structural frictional seasonal none of the other answers are correct unemployment.
1. Unemployment caused by changes in consumer demographics and automation technology is known as cyclical structural frictional seasonal none of the other answers are correct unemployment.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 35CTQ: While unemployment is highly negatively correlated with the level of economic activity, in the real...
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![1. Unemployment caused by changes in consumer demographics and automation technology is known as
cyclical
structural
frictional
seasonal
none of the other answers are correct
unemployment.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F884b876f-e97a-4f0e-a860-7fb7b6c3bc3c%2F4ee35898-4452-4cbc-a8ab-9f91ad0ce850%2Fuo59z6d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Unemployment caused by changes in consumer demographics and automation technology is known as
cyclical
structural
frictional
seasonal
none of the other answers are correct
unemployment.
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