Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Matt graduated from the College with a degree of education last year. He is notworking now but still actively looking for a job.He is hoping

Matt graduated from the College with a degree of education last year. He is notworking now but still actively looking for a job.He is hoping to stay in the Rockville, Maryland, where his girlfriendfor 10 years resides, which is the reason he still cannot find a job yet.

The current economy is considered "normal", which the total unemployment is around the average naturalrate of unemployment.

Matt is categorized by the government as________.

A.cyclical unemployed.

B.not in the labor force.

C.frictional unemployed

D.structural unemployed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Theory Of Moral Sentiments

Authors: Adam Smith, D D Raphael

1st Edition

0865970122, 9780865970120

More Books

Students also viewed these Economics questions

Question

Are there professional development opportunities?

Answered: 1 week ago

Question

Do you think the banquet is a ritual? Why or why not?

Answered: 1 week ago

Question

How can speakers enhance their credibility?

Answered: 1 week ago