Author Question: Which type of unemployment arises when changes in technology or international competition change the ... (Read 61 times)

Mr.Thesaxman · **on:** Jun 29, 2018

Which type of unemployment arises when changes in technology or international competition change the skills needed to perform jobs or change the location of jobs?

A) frictional B) structural C) cyclical D) skill-set E) fluctuating

Question 2

Janet calculated the GDP growth rates for France between 2012 and 2013. Using 2012 prices for both years, GDP increased 5 percent. Using 2013 prices for both years, GDP increased 1 percent.

Hence the chained-price method will calculate that between these years, real GDP increased by
A) 3 percent. B) 4 percent. C) 1 percent. D) 5 percent. E) 6 percent.