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Classify the following scenarios as cyclical unemployment, structural unemployment, frictional unemployment, or an exit from the labor force. A group of fresh college graduates that
Classify the following scenarios as cyclical unemployment, structural unemployment, frictional unemployment, or an exit from the labor force. A group of fresh college graduates that is looking for jobs for the past five weeks. O A. Structural unemployment since with every fresh batch of graduates, more students are employable. B. O C. Structural unemployment since the labor force experiences structural changes when fresh graduates join. Frictional unemployment since it is for a short duration between graduating and getting their first job. D. Cyclical unemployment since a job search after graduation is a recurring activity
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