Answer to Question #338008 in Macroeconomics for Nimesh

Question

Structural unemployment is best defined as unemployment caused by:

a.

A long-term decline in a particular industry

b.

A mismatch between available jobs and the unemployed

c.

Defects in the industrial and commercial structure

d.

A switch from labor-intensive to capital-intensive production methods

Answer 1

d. A switch from labor-intensive to capital-intensive production methods