föllowing correspond to cyclical unemployment, structura unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the p five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, ar your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter20: Unemployment
Section: Chapter Questions
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part D E F

Q5. Which of the following situations correspond to cyclical unemployment, structural
unemployment, frictional unemployment and exit from the labor force, and why?
a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the past
five weeks.
b. Christine lost her job as a biologist at a biotech company when the whole industry went into
recession.
c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his job.
d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, and
your neighbor has been out of a job for the past two years.
e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being
interviewed for a better- paid job in a multinational company.
f. A man just lost his job as a public reader as education levels have increased in his village.
Transcribed Image Text:Q5. Which of the following situations correspond to cyclical unemployment, structural unemployment, frictional unemployment and exit from the labor force, and why? a. Some of your friends just graduated from college and have 7.2 been looking for jobs for the past five weeks. b. Christine lost her job as a biologist at a biotech company when the whole industry went into recession. c. Gerhard, who used to be a taxi driver, stopped looking for a job three months after he lost his job. d. Dirk has been working as a craftsman making cotton dolls. Now all kids want plastic dolls, and your neighbor has been out of a job for the past two years. e. Aditi, a high-tech engineer, just decided to quit her job in a start-up in Bangalore; she's being interviewed for a better- paid job in a multinational company. f. A man just lost his job as a public reader as education levels have increased in his village.
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