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san4es73 [151]
4 years ago
15

You will be given descriptions of people in various situations. Using this information, you are asked to place each individual i

nto one of five categories: not in the labor force, structurally unemployed, seasonally unemployed, frictionally unemployed, and cyclically unemployed.
Robert has worked as a dishwasher for 15 years but has been fired because it has become cheaper to use a dishwashing machine. The only jobs available are in computer programming. Robert is:_______.
A) Not in the labor force
B) Structurally unemployed
C) Seasonally unemployed
D) Frictionally unemployed
E) Cyclically unemployed
Business
1 answer:
levacccp [35]4 years ago
6 0

Answer:

Option B                  

Explanation:

Structural unemployment refers to the type of unintentional unemployment induced by some kind of disparity between both the skills that economic employees may provide, and the qualifications that companies require of employees. Structural joblessness is sometimes caused by changes in technology which outdated the job qualifications of several employees.

Structural unemployment becomes difficult to distinguish with frictional unemployment scientifically, other than to suggest it lasts much longer for every particular individual. Easy demand-side intervention, like with frictional unemployment, won't work to quickly eradicate this form of joblessness.

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4 0
3 years ago
Which of the following best describes the consideration on the part of an insurer?
ehidna [41]

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B) The promise to pay in the event of a covered claim

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A farmer has cash costs of S1.50/bu for his corn. The opportunity cost of his labor is S0.30/bu and the opportunity cost of his
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C. $0.30/bu

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