Marcus was an aircraft mechanic for 27 years. An advancement in technology automated his job, so Marcus lost his job. A person who loses his or her job this way would be considered a) structurally unemployed. b) naturally unemployed. c) frictionally unemployed. d) a marginally attached worker. e) cyclically unemployed.
Marcus was an aircraft mechanic for 27 years. An advancement in technology automated his job, so Marcus lost his job. A person who loses his or her job this way would be considered a) structurally unemployed. b) naturally unemployed. c) frictionally unemployed. d) a marginally attached worker. e) cyclically unemployed.
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section6.2: Measuring Unemployment
Problem 1ST
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