What type of unemployment does each of the following represent? Explain your answers. Q.6.1 Workers at a clothing factory lose their jobs when the firm relocates to another province. Q.6.2 Workers at a factory making floppy disks lose their jobs when the firm goes under due to competition from USB’s. Q.6.3 Migrant farm workers’ employment is terminated when the harvest is finished. Q.6.4 Workers at the car plant are laid off as a result of a slump in motorcar sales.
What type of unemployment does each of the following represent? Explain your answers. Q.6.1 Workers at a clothing factory lose their jobs when the firm relocates to another province. Q.6.2 Workers at a factory making floppy disks lose their jobs when the firm goes under due to competition from USB’s. Q.6.3 Migrant farm workers’ employment is terminated when the harvest is finished. Q.6.4 Workers at the car plant are laid off as a result of a slump in motorcar sales.
Chapter6: Business Cycles And Unemployment
Section: Chapter Questions
Problem 10SQ
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What type of
Q.6.1 Workers at a clothing factory lose their jobs when the firm relocates to another
province.
Q.6.2 Workers at a factory making floppy disks lose their jobs when the firm goes
under due to competition from USB’s.
Q.6.3 Migrant farm workers’ employment is terminated when the harvest is finished.
Q.6.4 Workers at the car plant are laid off as a result of a slump in motorcar sales.
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