191.Frictionalunemploymentresultsfrom
a.jobsearching.Itisoftenthoughttoexplainrelativelyshortspellsofunemployment.
b.jobsearching.Itisoftenthoughttoexplainrelativelylongspellsofunemployment
c.asurplusinthesomelabormarkets.Itisoftenthoughttoexplainrelativelyshortspellsofunemployment.
d.asurplusinsomelabormarkets.Itisoftenthoughttoexplainrelativelylongspellsofunemployment.
192.Unemploymentthatresultsbecausethenumberofjobsavailableinsomelabormarketsmaybeinsufficienttogiveajobtoeveryonewhowantsoneiscalled
a.thenaturalrateofunemployment.
b.cyclicalunemployment.
c.structuralunemployment.
d.frictionalunemployment.
193.Whichofthefollowingisnotanexplanationfortheexistenceofstructuralunemployment?
a.efficiencywages
b.jobsearch
c.minimum-wagelaws
d.unions
194.Which of the following isnotanexplanationfortheexistenceofunemploymentinthelongrun?
a.ittakestimeforworkerstosearchforthejobsthatarebestsuitedforthem
b.minimum-wagelaws
c.unions
d.thebusinesscycle
195.Frictionalunemploymentisthoughttoexplainrelatively
a.shortspellsofunemployment,asisstructuralunemployment.
b.longspellsofunemployment,asisstructuralunemployment.
c.shortspellsofunemployment,whilestructuralunemploymentisthoughttoexplainrelativelylongspellsofunemployment.
d.longspellsofunemployment,whilestructuralunemploymentisthoughttoexplainrelativelyshortspellsofunemployment.
196.Peoplewhoareunemployedbecausewagesare,forsomereason,setabovethelevelthatbringslaborsupplyanddemandintoequilibriumarebestclassifiedas
a.cyclicallyunemployed.
b.structurallyunemployed.
c.frictionallyunemployed.
d.discouragedworkers.
197.Johnisastockbroker.Hehashadseveraljoboffers,buthehasturnedthemdownbecausehethinkshecanfindafirmthatbettermatcheshistastesandskills.Curtishaslookedforworkasanaccountantforsometime.Whilethedemandforaccountantsdoesnotappeartobefalling,thereseemstobemorepeopleapplyingthanjobsavailable.
a.JohnandCurtisarebothfrictionallyunemployed.
b.JohnandCurtisarebothstructurallyunemployed.
c.Johnisfrictionallyunemployed,andCurtisisstructurallyunemployed.
d.Johnisstructurallyunemployed,andCurtisisfrictionallyunemployed.
198.Meredithislookingforworkasacomputerprogrammer.Althoughherprospectsaregood,shehasnotyettakenajob.Julieislookingforworkinasteelmill.Everytimesheshowsupforaninterview,therearemorepeoplelookingforworkthanthereareopenings.Someonewaitinginlinewithhertellsherithasbeenthatwayforalongtime.
a.MeredithandJuliearebothfrictionallyunemployed.
b.MeredithandJuliearebothstructurallyunemployed.
c.Meredithisfrictionallyunemployed,andJulieisstructurallyunemployed.
d.Meredithisstructurallyunemployed,andJulieisfrictionallyunemployed.
199.Jennaissearchingforajobthatsuitshertastesaboutwheretolive.Maryislookingforajobthatmakesbestuseofherskills.
a.JennaandMaryarebothfrictionallyunemployed.
b.JennaandMaryarebothstructurallyunemployed.
c.Jennaisfrictionallyunemployed,andMaryisstructurallyunemployed.
d.Jennaisstructurallyunemployed,andMaryisfrictionallyunemployed.
200.Bobislookingforworkafterschool,buteverywherehefillsoutanapplication,themanagerssaytheyalwayshavealotmoreapplicationsthanopenpositions.Tomhasalawdegree.Severalfirmshavemadehimoffers,buthethinkshemightbeabletofindafirmwherehistalentscouldbeputtobetteruse.
a.BobandTomarebothfrictionallyunemployed.
b.BobandTomarebothstructurallyunemployed.
c.Bobisfrictionallyunemployed,andTomisstructurallyunemployed.
d.Bobisstructurallyunemployed,andTomisfrictionallyunemployed.
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