Nancy returns to school to study medicine. After graduating during an economic boom, she spends six months looking for a job. During this period, she is considered
A. Structurally unemployed.
B. Seasonally unemployed.
C. Frictionally unemployed.
D. Cyclically unemployed.
Answer: C
You might also like to view...
Assume Congress holds a hearing on the impact of gasoline prices on the price of corn. Most likely, this hearing will be
A) a partial equilibrium analysis. B) a general equilibrium analysis. C) about consumer rather than producer surplus. D) an analysis of efficiency.
Average Fixed Cost is the
a. horizontal distance (at any particular cost level) between ATC and AVC b. vertical distance (at any particular quantity) between ATC and AVC c. vertical distance (at any particular quantity) between ATC and the horizontal axis d. vertical distance (at any particular quantity) between AVC and the horizontal axis e. horizontal distance (at any particular cost level) between ATC and the vertical axis
Nick has a certain amount of money that he wants to invest in a completely risk-free manner. He would most likely: a. deposit it in a bank or credit union
b. invest in a mutual fund. c. purchase shares on the stock market. d. hide the money somewhere in his or her home.
Kristi sells purses. Her cost is $35 per purse. On a certain day, she sells 12 purses, and her producer surplus for that day amounts to $180 . Kristi sold each purse for
a. $65. b. $50. c. $45. d. $53.