2008 CFA Level 1 － Sample 样题(1)－Q18 style, black, class

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18、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. Marginal.

C. Frictional.

D. Structural.

[此贴子已经被作者于2008-11-7 16:39:35编辑过]

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Correct answer = D

"Monitoring Cycles, Jobs, and the Price Level," Michael Parkin
2008 Modular Level I, Vol. 2, pp. 297-298
Study Session 5-22-c
explain the types of unemployment, full employment, the natural rate of unemployment, and the relation between unemployment and real GDP
Structural unemployment results from changes in the basic characteristics of the economy, such as changes in technology or international competition, which typically require changes in skills needed to perform jobs.