Which of the following is the best example of frictional unemployment? a. Bank tellers are unable to find jobs due to technological advances in the banking system b. A worker is laid off because his firm has to reduce production due to reduced demand. c. A worker quits her current job to search for a better one d. An iromworker cannot find a job in Alberta because all job vacancies are in Quebec e.Inflationary pressures have led to higher wages for all jobs

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 15CQ
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Which of the following is the best example of frictional unemployment?

a. Bank tellers are unable to find jobs due to technological advances in the banking system
b. A worker is laid off because his firm has to reduce production due to reduced demand.
c. A worker quits her current job to search for a better one
d. An iromworker cannot find a job in Alberta because all job vacancies are in Quebec
e.Inflationary pressures have led to higher wages for all jobs

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