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Bill Loses His Job as a Loan Officer When the Bank

Question 124

Multiple Choice

Bill loses his job as a loan officer when the bank he works for is bought up by a larger financial institution. Bill has the skills necessary to find a new job, so as Bill searches for work he is best considered an example of


A) cyclical unemployment.
B) structural unemployment.
C) frictional unemployment.
D) a discouraged worker.

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