Because of a bank merger, Ms. Davis lost her position as Vice President and had to seek work with other banks. Ms. Davis has the skills necessary to find a new job, thus she is best considered as
A) frictionally unemployed.
B) cyclically unemployed.
C) structurally unemployed.
D) naturally unemployed.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when individuals are temporarily between jobs, often due to voluntary reasons such as seeking better employment or, as in this case, due to circumstances like mergers. Ms. Davis has the necessary skills and is actively seeking work, which aligns with the characteristics of frictional unemployment.

Because of a Bank Merger, Ms