Some unemployment is always present due to the ________ and ________ components, which are greater than zero.
A) frictional; structural
B) frictional; cyclical
C) structural; cyclical
D) involuntary; frictional

Question

Quizplus · Accepted Answer

Frictional and structural unemployment are often present, as they are caused by factors such as workers changing jobs or industries, and the mismatch of skills between available jobs and job seekers. Cyclical unemployment, on the other hand, is caused by fluctuations in the business cycle and varies over time. Involuntary unemployment refers to individuals who are willing and able to work, but are unable to find employment, and is a subset of both frictional and structural unemployment.

Some Unemployment Is Always Present Due to the ________ and ________

Some Unemployment Is Always Present Due to the and