Jacqueline,a brilliant new Ph.D.in economics,has turned down many job offers because she hopes eventually to teach at one of the top ten universities in her field.The type of unemployment she is experiencing is

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Frictional unemployment refers to the temporary unemployment that arises from the time and resources it takes for workers to search for and find new jobs that are better suited to their skills and preferences. In this case, Jacqueline's situation of turning down job offers as she hopes for a better opportunity at a top university is an example of frictional unemployment. She is actively searching and waiting for the right opportunity, which is a typical characteristic of frictional unemployment.

Jacqueline,a Brilliant New Ph