Which of the following will result if a nation's labour force receives a significant influx of young workers?
A)Frictional unemployment will likely decrease to zero.
B)The natural rate of unemployment is likely to increase.
C)The natural rate of unemployment is likely to decrease.
D)The natural rate of unemployment is unlikely to change.

Question

Quizplus · Accepted Answer

A significant influx of young workers typically increases the natural rate of unemployment because young workers often experience higher rates of job turnover and frictional unemployment as they enter the labor market and search for suitable employment.

Which of the Following Will Result If a Nation's Labour