Which of the Following Is an Example of Frictional Unemployment

question 9

Multiple Choice

Which of the following is an example of frictional unemployment?

• A) An autoworker is temporarily laid off from an automobile company due to a decline in sales
• B) A geologist is permanently laid off from an oil company due to a new technological advancement
• C) A worker at a fast-food restaurant quits work to attend college
• D) A real estate agent leaves a job in Texas and searches for a similar, higher paying job in California

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Definitions:

Financial Services

Refers to economic services provided by the finance industry, including banks, credit unions, and insurance companies, encompassing a broad range of money management activities.

Manufacturing Sector

A sector of the economy that is involved in the production of goods through the processing of raw materials and assembly of components.

Production

The process of creating, manufacturing, or generating goods and services, often measured in terms of output or efficiency in an economic context.

Motorcycles

Two-wheeled vehicles that are powered by an engine, often used for transportation, recreation, or sport.