Is each of the following situations an example of structural, frictional, or cyclical unemployment? (a) All nations of the world enact strict anti-pornography laws, causing a permanent reduction in demand for OnlyFans. (b) In the spring and summer, university graduates enter the labour force to seek work. (c) Robot physicians, programmed with medical guidelines, replace human physicians
Is each of the following situations an example of structural, frictional, or cyclical unemployment? (a) All nations of the world enact strict anti-pornography laws, causing a permanent reduction in demand for OnlyFans. (b) In the spring and summer, university graduates enter the labour force to seek work. (c) Robot physicians, programmed with medical guidelines, replace human physicians
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 4P
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Is each of the following situations an example of structural, frictional, or cyclical
(a) All nations of the world enact strict anti-pornography laws, causing a permanent
reduction in
(b) In the spring and summer, university graduates enter the labour force to seek work.
(c) Robot physicians, programmed with medical guidelines, replace human physicians
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