Increases in structural unemployment can result from a recession but are more commonly associated with other changes,
Question:
a. How might technological change cause structural unemployment?
b. Would you expect a similar effect on unemployment when new types of cereal or styles of clothing are developed?
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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