Answer to Question #80803 in Macroeconomics for AYANDA

Question

.................would result due to the closure of the gold mines in South Africa.

1) Seasonal unemployment
2) Structural unemployment
3) Cyclical unemployment
4) Frictional unemployment

Answer 1

Only 2 is true.
Most tourists consider the Eiffel tower as a "must-see tourist attraction". This could explain why a relatively large percentage increase in the price of admission led to a relatively smaller percentage decrease in tickets demanded.