After graduating from Harvard Law School,Anne started looking for a job.She could not find a job after looking for one week.Which of the following is true in this case?
A)This is an example of frictional unemployment.
B)This is an example of cyclical unemployment.
C)This is an example of seasonal unemployment.
D)She is underemployed.
E)She is a discouraged worker.

Question

Quizplus · Accepted Answer

This is an example of frictional unemployment because Anne is actively seeking employment but has not found a job within a short period of time. Frictional unemployment is caused by factors such as job search, skill-mismatch, and geographical mismatches between unemployed workers and job openings.

After Graduating from Harvard Law School,Anne Started Looking for a Job.She