Knowee
Questions
Features
Study Tools

Multiple Choice QuestionA glass blower who is unemployed because his skills are no longer marketable due to automation is an example of ______.Multiple choice question.frictional unemploymentcyclical unemploymentstructural unemployment

Question

Multiple Choice QuestionA glass blower who is unemployed because his skills are no longer marketable due to automation is an example of ______.Multiple choice question.frictional unemploymentcyclical unemploymentstructural unemployment

🧐 Not the exact question you are looking for?Go ask a question

Solution

The correct answer is structural unemployment. This type of unemployment occurs when there is a mismatch between the skills that workers in the economy can offer and the skills needed by employers. In this case, the glass blower's skills are no longer needed due to automation, making his unemployment structural.

Similar Questions

A train brakeman who is unemployed because his skills are no longer marketable due to automation is an example of ______.Multiple choice question.frictional unemploymentcyclical unemploymentstructural unemployment

A worker who is unemployed because of an insufficient demand for goods and services is an example of:Multiple choice question.seasonal unemploymentstructural unemploymentcyclical unemploymentfrictional unemployment

Workers that are unemployed because they are "between jobs" are part of ______.Multiple choice question.cyclical unemploymentfrictional unemploymentseasonal unemploymentstructural unemployment

he economy attains _______ when the unemployment rate equals the natural rate of unemployment.Multiple choice question.cyclical unemploymentfull employmentshort-run equilibriumfrictional unemployment

Which of the following is an example of cyclical unemployment?Group of answer choicesA worker is unemployed because the cost of finding a job in another city is too high.A worker quits her job to find a better job.A worker loses her job because the minimum wage increases substantially.A worker loses her job because the economy begins to enter a recession.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.