Question 7 Fred lost his factory job, replaced by welding robots. He is now going to technical school to learn computer repair because he cannot find a similar job to the one he lost. Fred is: O Frictionally unemployed. O Structurally unemployed. O Cyelically unemployed. Not unemployed.

Question 7 Fred lost his factory job, replaced by welding robots. He is now going to technical school to learn computer repair because he cannot find a similar job to the one he lost. Fred is: O Frictionally unemployed. O Structurally unemployed. O Cyelically unemployed. Not unemployed.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If some people who were frictionally unemployed became structurally unemployed instead, the
natural rate of unemployment:
O Would increase
O Would not change
O Would decrease
O Would be affected in an unpredictable manner
Question 7
Fred lost his factory job, replaced by welding robots. He is now going to technical school to learn
computer repaur because he cannot find a similar job to the one he lost. Fred is
O Frnctionally unemployed.
O Structurally unemployed.
O Cyclically unemployed.
Not unemployed.

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Solution part all a and b
65
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