When an economics professor quits his/her job at a university and starts looking for a better job in another university, he/she is Group of answer choices frictionally unemployed. structurally unemployed. naturally unemployed. cyclically unemployed.

When an economics professor quits his/her job at a university and starts looking for a better job in another university, he/she is Group of answer choices frictionally unemployed. structurally unemployed. naturally unemployed. cyclically unemployed.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter16: Business Cycles And Unemployment

Section: Chapter Questions

Problem 13SQ

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Question

When an economics professor quits his/her job at a university and starts looking for a better job in another university, he/she is

Group of answer choices

frictionally unemployed.

structurally unemployed.

naturally unemployed.

cyclically unemployed.

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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