In recent times, there has been a decline in the sale of newspapers in the U.S. as people prefer to read the news on the internet. This has caused many newspaper journalists to lose their jobs. This is an example of:
a. structural unemployment.
b. frictional unemployment.
c. cyclical unemployment.
d. seasonal unemployment.
e. underemployment.
Question 2
Which of the following statements is true?
a. All people in poverty are on welfare.
b. Unemployment compensation is an example of an in-kind transfer.
c. Temporary Assistance to Needy Families (TANF) is an example of a cash payment made by government to the impoverished.
d. After cash assistance and in-kind transfers are considered the distribution of income in the United States is more unequal.
e. All of these.
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