Detailed explanation and options for the selected question.
What is meant by “structural unemployment”?
A.
Unemployment due to seasonal factors
B.
Unemployment due to mismatch of skills and jobs
C.
Unemployment during economic downturns
D.
Unemployment caused by lack of government policies
Explanation:
Structural unemployment occurs when there is a mismatch between the skills of workers and the jobs available. Seasonal and cyclical unemployment describe different scenarios.