16. Which of the following is an example of someone who has been frictionally unemployed? a. A worker who has been laid off due to the economic slowdown b. A teacher on her summer holidays c. A person who cannot find a job because of the seasonal variation d. An engineer who quits his job

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A: Rate of unemployment = (unemployed/labor force) *100

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A: Unemployment includes those people who are looking for jobs but are unable to secure them.…

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Q: S2

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A: ANS When an economy is at full employment then the economy is using its all available resources most…

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A: In an economy structural unemployment arises due to a mismatch between skills and job requirements,…

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A:

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A: People who are actively looking for a job and are able to work are considered unemployed.

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A: The answer is c. A worker quits her current job to search for a better one

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A: Unemployment refers to the situation where a person who does not have a job but is actively looking…