A person who voluntarily quits his/her job in New York and expects to get a similar job in Los Angeles is an example of:

A. structural unemployment.
B. cyclical unemployment.
C. durational unemployment.
D. frictional unemployment.

Answer: D

Economics

You might also like to view...

Governments can address the adverse selection problem in the health insurance market by requiring all its citizens to have health insurance

Indicate whether the statement is true or false

Economics

What is the stage in a business cycle called when real GDP stops falling?

(A) A peak (B) A contraction (C) A trough (D) An expansion

Economics