Jason is a very skilled craftsman who specializes in making office furniture. He was laid off by his employer, since she (and other manufacturers) found a machine that can do his job faster with the same quality of production. Given only this information, how would economists classify Jason? A. Cyclically Unemployed B. Discouraged Worker C. Frictionally Unemployed D. Structurally Unemployed
Jason is a very skilled craftsman who specializes in making office furniture. He was laid off by his employer, since she (and other manufacturers) found a machine that can do his job faster with the same quality of production. Given only this information, how would economists classify Jason? A. Cyclically Unemployed B. Discouraged Worker C. Frictionally Unemployed D. Structurally Unemployed
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 11SQ
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Jason is a very skilled craftsman who specializes in making office furniture. He was laid off by his employer, since she (and other manufacturers) found a machine that can do his job faster with the same quality of production. Given only this information, how would economists classify Jason?
A. Cyclically
B. Discouraged Worker
C. Frictionally Unemployed
D. Structurally Unemployed..
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