Balin recently lost his job as a dog trainer because of a recession. He is seeking a new job, but his prospects appear dim until the economy recovers. Based on this description, Balin is best described as:
A) structurally unemployed.
B) frictionally unemployed.
C) cyclically unemployed.
D) not in the labor force.
Correct Answer:
Verified
Q4: Which of the following is the best
Q5: Which of the following is the best
Q6: Shocks to the economy:
A) refer to any
Q7: Shocks to the economy often result in
Q8: Indy worked for a major automobile manufacturer
Q10: Alyssa lost her job six years ago
Q11: Rosa recently completed her college degree and
Q12: Parker recently quit his job to find
Q13: Tony left his job three months ago
Q14: Which is a correct statement?
A) Frictional unemployment
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