Most unemployment is structural unemployment

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Reference no: EM131108269

Which one of the following is a true statement?

a. Higher levels of education are associated with higher levels of structural unemployment

b. During a recession, cyclical unemployment rises but structural unemployment falls

c. Historically, technological change has created more jobs than it has made obsolete

d. During a recession, most unemployment is structural unemployment

One disadvantage of the skimming pricing policy for new products is that

a. such a policy tends to minimize the revenue received from sales.

b. it does not allow for much flexibility in price decreases for the futurE.

c. it creates a negative price-quality relationship in the mind of the consumer.

d. the financial returns the company receives have a tendency to attract competition quickly.

e. it leads to overpricing by competitors.

Reference no: EM131108269

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