Maria is a high school math teacher. When her husband is transferred to another state with his company, she quits her job so she can move with him and will look for another job at the new location. She can be classified as ________ unemployed. Group of answer choices frictionally seasonally structurally rationally cyclically
Added by Timothy Z.
Step 1
Frictional unemployment occurs when individuals voluntarily leave their jobs to search for better opportunities or due to personal reasons such as relocation. Show more…
Show all steps
Your feedback will help us improve your experience
Rupsa Sarkar and 83 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Sandy has graduated from college and is devoting her time to searching for a job. She has seen plenty of openings but has not yet been offered one that best suits her tastes and skills. Sandy is structurally unemployed. Structural unemployment exists even in the long run.
Rupsa S.
Maureen left her teaching job, which paid $30,000 per year, and invested $20,000 of her retirement fund (which was earning 10 percent interest) in a new real estate business. Her accountant predicted a $60,000 revenue the first year. Her husband, an economist, forecast her profit to be: a. $60,000. b. $10,000. c. $28,000. d. $32,000.
Sanchit J.
Who are not considered unemployed? a. the underemployed b. the structurally unemployed. c. the frictionally unemployed d. the cyclically unemployed e. people who currently do not have work and are looking for work
T. L.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD