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 as Bill searches for work he is best considered an example of
A) frictional unemployment.
B) structural unemployment.
C) cyclical unemployment.
D) a discouraged worker.
Correct Answer:
Verified
Q147: Structural unemployment is
A) associated with the changing
Q148: Suppose that over a period of years
Q149: An individual is structurally unemployed if
A) there
Q150: Structural unemployment is the result of
A) technological
Q151: To prevent frictional unemployment, we would have
Q153: Which statement CORRECTLY describes "structural unemployment"?
A) Structural
Q154: The best example of a frictionally unemployed
Q155: When a person reenters the labor force
Q156: Structural unemployment is
A) associated with the normal
Q157: When a worker quits a job to
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