Assume a Part-Time Student Was Laid Off from Work Last

Multiple Choice

Assume a part-time student was laid off from work last June because the economy was in a slump. The student spent the month of July looking for a job, and decided in August to not look for work and become a full-time student. During July and August, this student was:

A) cyclically unemployed.
B) cyclically unemployed and then out of the labor force.
C) frictionally unemployed and then out of the labor force.
D) cyclically unemployed and then frictionally unemployed.