Unemployment that occurs from fundamental technological changes in the production, or from the substitution of new goods for traditional ones, is known as: O structural unemployment. O frictional unemployment. O underemployment. O cyclical unemployment.

Unemployment that occurs from fundamental technological changes in the production, or from the substitution of new goods for traditional ones, is known as: O structural unemployment. O frictional unemployment. O underemployment. O cyclical unemployment.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter16: Business Cycles And Unemployment

Section: Chapter Questions

Problem 13SQ

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Unemployment that occurs from fundamental technological changes in the production, or from the
substitution of new goods for traditional ones, is known as:
structural unemployment.
O frictional unemployment.
O underemployment.
O cyclical unemployment.

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