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vitfil [10]
3 years ago
14

Suppose the demand for hard-wood flooring increases, while the demand for wall-to-wall carpeting decreases. Based on this change

in consumer tastes, the demand for hard-wood-flooring factory workers in North Carolina increases, while the demand for carpet factory workers in Georgia decreases. This is an example of:_______.
a. frictional unemployment created by sectoral shifts.
b. frictional unemployment created by efficiency wages.
c. structural unemployment created by sectoral shifts.
d. structural unemployment created by efficiency wages.
Business
1 answer:
Hatshy [7]3 years ago
8 0

Answer:

Option A                                              

Explanation:

Frictional joblessness is one form of joblessness. This is often referred to as searching insecurity, that can be dependent on specific conditions. When an employee applies for a position or moves from one workplace to another which is time wasted in employment than such condition is called frictional unemployment.

There is frictional instability, since both employers and employees are diverse, and the dynamics of market forces can lead in a shortage. Such a misalignment may be linked to expertise, salary, job time, place, mood, taste, and many other variables.

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8 0
3 years ago
Wilson is currently producing a component for one of its products. Wilson has received an offer to buy the component from an out
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Answer:

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6 0
3 years ago
A necessary condition to use the equity method of reporting for an equity investment is that the investor company must
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4 0
3 years ago
When the budget is in deficit, the government generally:
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4 0
3 years ago
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Lake City enacts an ordinance that bans the distribu-tion of all printed materials on city streets. Mackensie opposes the city's
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Answer:

c. ​unconstitutional under the First Amendment.

Explanation:

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4 0
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