Meredith Is Looking for Work as a Computer Programmer

question 69

Multiple Choice

Meredith is looking for work as a computer programmer.Although her prospects are good,she has not yet taken a job.Julie is looking for work in a steel mill.Every time she shows up for an interview,there are more people looking for work than there are openings.Someone waiting in line with her tells her it has been that way for a long time.

• A)Meredith and Julie are both frictionally unemployed.
• B)Meredith and Julie are both structurally unemployed.
• C)Meredith is frictionally unemployed,and Julie is structurally unemployed.
• D)Meredith is structurally unemployed,and Julie is frictionally unemployed.

---

Definitions:

Seasonal Additive Model

A time series forecasting technique that adds seasonal effects to predict future values.

Double Moving Average Model

A method used in time series analysis and forecasting that involves taking averages of averages to smooth data series and detect trends.

Trend

The general direction in which something is developing or changing over time.

Seasonal Effect

Variations in data or phenomena that occur at specific regular intervals within a year, attributable to the changing seasons.