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PRC-3 · Chapter 18 · Question 21 of 33

A highly skilled accountant quits her job in Karachi to move to Islamabad. It takes her exactly three weeks to find a new job. During those three weeks, she is classified as:

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) Frictionally unemployed

Explanation

Frictional unemployment is a temporary, short-term form of unemployment that occurs when workers are voluntarily transitioning between jobs or moving locations.

All 33 questions in Chapter 18Inflation and Unemployment MCQs with answers

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