When the automobile replaced horse-drawn carriages as the principal means of transportation, firms producing horse-drawn carriages went bankrupt and permanently laid off all their workers, thereby increasing Select one: a. structural unemployment Ob. frictional and cyclical unemployment c. discouraged workers d. frictional unemployment Oe. cyclical unemployment

The normal rate of unemployment that persists in the economy in the long run is called    a. frictional unemployment.   b. structural unemployment.   c. cyclical unemployment. d. the natural rate of unemployment.

Structural unemployment is the unemployment that arises​ ____________.   A. when wage rigidity creates a persistent gap between labor supply and labor demand.   B. from workers' imperfect information about available jobs.   C. during recessions when the unemployment rate is above the natural rate.   D. from the average of the unemployment rates over an extended period of time.

Which of the following statements is NOT true? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. The rate of unemployment is estimated based on the number of individuals filing for unemployment benefits. a b C d The presence of discouraged workers may cause the reported unemployment rate to understate the true unemployment problem. People who work part-time but want to work full-time, and people working in jobs below their productive abilities are underemployed and counted as employed. Worker participation in the gig economy has increased significantly in the past decade, which may mean unemployment figures are not an accurate reflection of employment conditions.

Structural unemployment   a. arises from mismatches between available jobs and workers' skills or geographic locations   b. does not occur when the economy is at full employment   c. occurs because of changes in seasons, tourist patterns, and similar factors   d. is joblessness resulting from business cycle movements

All of the following are problems in measuring the unemployment rate except that O A. discouraged workers are not included in the labour force. OB. there is a lack of verification of people's responses in the household survey. OC. part-time workers are included as employed. ⒸD. people on active military service are included as unemployed.