Mr Brown has recently been retrenched. The firm he worked for had to retrench a number of staff due to the downturn in the economy. Mr Brown has not managed to find alternative employment. We can say he is _________________ unemployed. choose the correct answer (a) Structurally; (b) Cyclically; (c) Seasonally; (d) Frictionally
Mr Brown has recently been retrenched. The firm he worked for had to retrench a number of staff due to the downturn in the economy. Mr Brown has not managed to find alternative employment. We can say he is _________________ unemployed. choose the correct answer (a) Structurally; (b) Cyclically; (c) Seasonally; (d) Frictionally
Chapter16: Business Cycles And Unemployment
Section: Chapter Questions
Problem 13SQ
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Mr Brown has recently been retrenched. The firm he worked for had to retrench
a number of staff due to the downturn in the economy. Mr Brown has not
managed to find alternative employment. We can say he is _________________
choose the correct answer
(a) Structurally;
(b) Cyclically;
(c) Seasonally;
(d) Frictionally
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