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Which of the following changes would increase structural unemployment?

by | Nov 29, 2023 | economics

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Which of the following changes would increase structural unemployment?

Select one:

a. A decrease in the minimum wage

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

c. A recession caused by a drop in total spending

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

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