Radhika Just Graduated from University

question 290

Multiple Choice

Radhika just graduated from university.She recently quit her part-time job to focus on finding a full-time job that better uses the skills she acquired in university.Radhika is considered to be:

• A) structurally unemployed.
• B) frictionally unemployed.
• C) cyclically unemployed.
• D) employed since she is focusing on finding a full-time job.

---

Definitions:

Out-of-pocket Cost

Direct payments made by individuals for goods or services, not reimbursed by insurance or other means.

Marginal Cost

Marginal Cost is the cost incurred by producing one more unit of a product or service.

Marginal Cost

The additional cost incurred in the production of one more unit of a good or service, a critical concept in economic theory related to the allocation of resources.

DVDs

Digital Versatile Discs, a type of optical disk technology used for storing data, including movies, software, and other digital content.