Structural,frictional,and cyclical are all types of
A) jobs.
B) price levels.
C) firm structures.
D) unemployment.
E) economic models.

Question

Quizplus · Accepted Answer

Structural, frictional, and cyclical are all types of unemployment. Structural unemployment is due to a mismatch between the skills of workers and the needs of employers, frictional unemployment is due to the time it takes for workers to find new jobs, and cyclical unemployment is due to fluctuations in the business cycle.

Structural,frictional,and Cyclical Are All Types of