Jake just quit his job as a shoe salesman and is looking for work as an accountant,which is what his college degree is in.Jake would be considered:
A) frictionally unemployed.
B) structurally unemployed.
C) cyclically unemployed.
D) classically unemployed.
Correct Answer:
Verified
Q59: The labor demand curve:
A)is provided by firms
Q60: Real-wage unemployment:
A)is unemployment that results from a
Q61: One way for governments to try and
Q62: When the economy is going strong:
A)firms expand
Q63: When the economy is going strong:
A)the demand
Q66: The economy goes through ups and downs
Q69: Real-wage unemployment can be caused by which
Q76: One way for governments to try and
Q78: When governments subsidize retraining programs for unemployed
Q80: When the economy slows down:
A) firms contract
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