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) Jake is not in the labor force.
Correct Answer:
Verified
Q37: If you hear that unemployment decreased by
Q38: If you hear that unemployment increased by
Q39: Sasha has a master's degree in writing,
Q40: Some people drop out of the labor
Q41: The labor demand curve:
A) shows the relationship
Q44: The normal level of unemployment that persists
Q45: The labor supply curve:
A) is made up
Q46: The natural rate of unemployment:
A) is typically
Q47: The equilibrium price of labor is called:
A)
Q58: Which type of unemployment does not contribute
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