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22 August, 11:09

Which of the following changes would increase structural unemployment? Select one:

a. An increase in the speed that firms and potential workers exchange information

b. A recession caused by a drop in total spending

c. A decrease in the minimum wage

d. Increased globalization that moves the economy from a manufacturing-based economy to a more service-based economy

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  1. 22 August, 11:54
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    Option D

    Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

    Explanation:

    Option D

    Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

    As manufacturing will decrease, the number of jobs will decrease drastically because the number of industries will become small.
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