JAMB Economics 2023 Objective — Question 25
Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2023 Objective paper, with the correct answer and a full explanation.
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If the government introduced new policies that lead to unemployment, such unemployment is regarded as
- A. Seasonal unemployment
- B. Structural unemploymentCorrect
- C. Cyclical unemployment
- D. Frictional unemployment
Explanation
Unemployment caused by changes in government policy (altering the structure of the economy) is structural unemployment.
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