CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Which of the following types of unemployment is most likely to be associated with an economy in which many workers have been made obsolete by changing technology?
A. Cyclical
B. Structural
C. Frictional
Explanation: Structural unemployment arises when changes in technology or international competition change the skills needed to perform jobs or change the locations of jobs.

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