Q.1.8 Mr Brown has recently been retrenched. The firm he worked for had to retrench a number of staff due to the downturn in the economy. Mr Brown has not managed to find alternative employment. We can say he is unemployed. (a) Structurally; (b) Cyclically; (c) Seasonally; (d) Frictionally.

Q.1.8 Mr Brown has recently been retrenched. The firm he worked for had to retrench a number of staff due to the downturn in the economy. Mr Brown has not managed to find alternative employment. We can say he is unemployed. (a) Structurally; (b) Cyclically; (c) Seasonally; (d) Frictionally.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 3PA

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Question

Q.1.8
Mr Brown has recently been retrenched. The firm he worked for had to retrench
a number of staff due to the downturn in the economy. Mr Brown has not
managed to find alternative employment. We can say he is
unemployed.
(a) Structurally;
(b) Cyclically;
(c) Seasonally;
(d) Frictionally.

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