Homework Answers
Ans - B) Monica has to stop working as a ski instructor and look for a new job in April.
Here Monica is the only one who is frictionally unemployed because she has to left her job in order to find new one. As frictional unemployment is the unemployment which exists due to people being in the process of moving from one job to another.
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Using the official measure of unemployment, which of the following people is considered unemployed? Select one:...
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Q1 Which of the following are included and which are excluded in calculating this year's GDP....
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Using the definition of unemployment, which of the following individuals would be unemployed? Select one: a. Because of a reduction in the military budget, your next door neighbor loses her job in a plant where nuclear warheads are made and must look for a new job. b. Because of the increased level of automobile imports, an employee of General Motors is laid off but expects to be called back to work soon. c. All of the below or above individuals...
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Using the official measure of unemployment, which of the following people is considered unemployed? Select one: a. a part-time worker who wishes to work full time b. a person who gave up looking for jobs because he or she was discouraged about his or her job prospects c. a person who is working but expects to be laid off at the end of the month d. a person who has been searching for work, but turns down a job paying...
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