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Business, 25.06.2019 17:30 williamabigan

Which of the following represents frictional unemployment? i) the demand for refrigerators falls when the economy enters a recession, and refrigerator manufacturers lay off some of their workers. ii) jayco, a maker of recreational vehicles, closes and moves its entire production line to mexico because labor is cheaper there. iii) after graduation you take a job in financial services, but the long hours don't appeal to you so you quit to find a job elsewhere. iv) joe's boss has to lay him off as the company is losing sales to competitors. joe starts looking for a job the next day.

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Which of the following represents frictional unemployment? i) the demand for refrigerators falls wh...
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