Economics Homework Help

Many economists say the economy is currently at a point of full employment. If so, which types of unemployment

could apply right now for those who are unemployed?

Cyclical

Structural

Frictional

Chad-al

Structural and Frictional

Suppose a person named Karina has graduated from university and is going to graduate school (in economics of course). She currently works full time. Suppose she obtains a full scholarship for grad school but is not allowed to work so she will focus on her studies. Once she enters graduate school, she would officially be classified as which of the following?

Unemployed

Employed

Not in the labor force

Neither unemployed nor employed but still in the labor force

Unclear