Question
8. Which of the following members of the United Auto Workers Union in the United States is structurally unemployed? a.) Larry, who lost his job
8. Which of the following members of the United Auto Workers Union in the United States is structurally unemployed?
a.) Larry, who lost his job because a decline in aggregate demand in the U.S. pushed the economy into a recession.
b.) Curley, who lost his job because U.S. consumers began to prefer Korean-made cars due to reported superiority in their safety performance.
c.) Moe, who has a Ph.D. degree in archeology but works in a car assembly plant because he can't find a college teaching job as a professor of archeology.
d.) Both Curley and Moe are structurally unemployed.
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