Questions
EC301 Principles of Macroeconomics
Single choice
A recent graduate from HIM spends 3 months searching for her ideal hotel management position. This is an example of:
Options
A.a. Frictional unemployment
B.b. Cyclical unemployment
C.c. Structural unemployment
D.d. Discouraged worker effect

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Step-by-Step Analysis
Consider the scenario described: a recent graduate is actively seeking a specific job in hotel management and spends a period of time (3 months) searching for that position.
Option a: Frictional unemployment. This term refers to short-term unemployment that occurs as people move between jobs, enter the workforce, or se......Login to view full explanationLog in for full answers
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