Economics 0455 · IGCSE · Workers

Workers — practice question

What is the most likely cause of a long-term fall in the number of people employed in the banking sector of an economy?

  • Africtional unemployment caused by relocating a bank’s headquarters
  • Bseasonal unemployment caused by reduced customer demand in the summer
  • Ctechnological unemployment caused by an increase in internet banking
  • Dvoluntary unemployment caused by a reduction in wage rates

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