The BEST example of a frictionally unemployed individual is
A) Charles, who has lost his job as an autoworker because of increased imports and can't find a good job that utilises his skills.
B) Sam, who lost his job as a real estate salesperson when the housing market went soft because of a recession.
C) Mary, who quit her job to find work closer to her home.
D) Sandy, who has few skills and is no longer looking for work.
Correct Answer:
Verified
Q1: If the number of people unemployed is
Q2: If the basket of goods and services
Q3: The natural unemployment rate
A)has been estimated to
Q4: Cyclical unemployment
A)occurs when technology improvements change job
Q6: Which of the following situations BEST describes
Q7: Unemployment caused by the normal labour turnover
Q8: A major characteristic of structural unemployment that
Q9: How would you BEST describe a manufacturing
Q10: The labour force is the sum of
Q11: A recession causes a decrease in the
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