Question

michaela was recently fired from her factory job because her company's inventories have sharply increased for six consecutive months. michaela is most likely (2 points)

Answer 1

Michaela is most likely experiencing cyclical unemployment due to a decrease in demand for her company's products during a possible recession. If she stops searching for employment due to a lack of suitable jobs, she could become known as a discouraged worker.

Step-by-step explanation:

Michaela was recently fired from her factory job because her company's inventories have sharply increased for six consecutive months. Michaela is most likely experiencing cyclical unemployment, which occurs when there is not enough demand for goods and services in the economy, leading to workers being laid off. This situation is common during a recession, when overall economic activity slows down and companies reduce their workforce to balance with lower production needs.

There is also a possibility for Michaela to become one of the discouraged workers if she stops looking for employment due to the lack of suitable positions available. However, if she keeps searching for a job, despite being out of work, she does not fall into the category of discouraged workers.

Answer 2

Michaela, who was recently fired from her factory job because her company's inventories have sharply increased for six consecutive months, is most likely e) cyclically unemployed.

Cyclical unemployment results directly from economic cycles of upturn and downturn.

In periods of recession, unemployment rises. Unemployment occurring during recessions is described as cyclical.

Unemployment declines during economic expansions.

Thus, since the company's inventories sharply increased for six consecutive months, it implies that there is a recession.

Complete Question:

Michaela was recently fired from her factory job because her company's inventories have sharply increased for six consecutive months. Michaela is most likely

a) a marginally attached worker

b) a discouraged worker

c) frictionally unemployed

d) structurally unemployed

e) cyclically unemployed