Bill loses his job as a loan officer when the bank he works for is bought up by a larger financial institution. Bill has the skills necessary to find a new job, so Bill is best considered an example of

Question

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Bill's unemployment is a result of a temporary disruption in the labor market due to the merger of two financial institutions. Therefore, he is best considered an example of frictional unemployment, which is short-term unemployment that arises from the process of matching workers with job openings.

Bill Loses His Job as a Loan Officer When the Bank