Miriam is actively searching for a new job after she voluntarily quit her job. Miriam is now considered: Group of answer choices Cyclically unemployed Structurally unemployed Not eligible for future employment Frictionally unemployed

Miriam is actively searching for a new job after she voluntarily quit her job. Miriam is now considered: Group of answer choices Cyclically unemployed Structurally unemployed Not eligible for future employment Frictionally unemployed

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter12: Business Cycles And Unemployment

Section: Chapter Questions

Problem 4SQP

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Question

Miriam is actively searching for a new job after she voluntarily quit her job. Miriam is now considered:

Group of answer choices

Cyclically unemployed

Structurally unemployed

Not eligible for future employment

Frictionally 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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