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Test: AP Macroeconomics
1. | Which of the following is the best example of frictional unemployment? |
A recent college graduate quits her job at a local coffee shop upon graduation. She is planning on applying for a salaried position with local banks in the area.
A retail employee who was hired by a shopkeeper during the holiday season is let go once the holiday season is over.
A major corporation announces that it is laying off 250 employees due to an economic recession which has caused weakening demand for their products.
An assembly line worker at a factory loses his job because the plant that he works at purchases a new machine to replace him.
Julia
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