Suppose that over time, the majority of people who read books shift toward reading on an electronic device as opposed to reading physical books. As a result, a number of bookstores go out of business. This leads to what type of unemployment?
a.
cyclical
b.
natural
c.
structural
d.
frictional
e.
seasonal
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Home » Business » Suppose that over time, the majority of people who read books shift toward reading on an electronic device as opposed to reading physical books. As a result, a number of bookstores go out of business. This leads to what type of unemployment? a.