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Consumers Decide to Buy More Computers and Fewer Typewriters

Question 418

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Consumers decide to buy more computers and fewer typewriters.As a result,computer companies expand production while typewriter companies lay-off workers.This is an example of


A) frictional unemployment created by efficiency wages.
B) frictional unemployment created by sectoral shifts.
C) structural unemployment created by efficiency wages.
D) structural unemployment created by sectoral shifts.

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