Tom is looking for work after school, but everywhere he fills out an application he is told that so have lots of others. Simon has a law degree. Several firms have made him offers, but he thinks he might be able to find a firm where his talents could be put to better use. To which categories of unemployment the two persons belong?
A) Tom and Simon are both frictionally unemployed.
B) Tom and Simon are both structurally unemployed.
C) Tom is frictionally unemployed, and Simon is structurally unemployed.
D) Tom is structurally unemployed, and Simon is frictionally unemployed.
Correct Answer:
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