Frictional unemployment helps the economy to operate more efficiently.

Name: Frictional unemployment helps the economy to operate more efficiently.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are voluntarily in-between jobs, and is a natural part of the job search process. It can actually be beneficial for the economy because it allows workers to find better job matches, which leads to increased overall productivity and economic growth.

Frictional Unemployment Helps the Economy to Operate More Efficiently