Which of the following is an example of frictional unemployment?
A) Dave searches for a new job after voluntarily moving to Winnipeg.
B) Elaine is willing to work for less than the minimum wage,but employers cannot hire her.
C) Bill is qualified and would like to be an airline pilot,but airlines do not find it profitable to hire him at the wage established by the airline pilot's union.
D) Joan is willing to work at the going wage,but there are no jobs available.
Correct Answer:
Verified
Q5: Economists call the changes in the composition
Q5: The natural rate of unemployment is:
A)the average
Q6: If the steady-state rate of unemployment equals
Q7: Any policy aimed at lowering the natural
Q7: In the model of the steady-state unemployment
Q8: All of the following are reasons for
Q9: Frictional unemployment is unemployment caused by:
A) wage
Q14: If s is the rate of job
Q15: If the steady-state rate of unemployment equals
Q15: The natural rate of unemployment in Canada
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