What is meant by frictional unemployment?
A) Unemployment that is caused by the fact that it takes time for people to find their first job or to move between jobs.
B) Unemployment which results from structural changes in an economy's industries.
C) Unemployment that occurs as a result of the recessionary phase of the business cycle.
D) Unemployment that occurs because people do not think that there are any jobs available.
Correct Answer:
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Q22: Which of the following is included in
Q23: What is the labour force status of
Q24: What is one reason that the natural
Q25: Which of the following relates to cyclical
Q26: What is meant by cyclical unemployment?
A)Unemployment that
Q28: What occurs at the economy's natural rate
Q29: What type of unemployment is associated with
Q30: What type of unemployment would result if
Q31: What is meant by structural unemployment?
A)Unemployment that
Q32: According to most economists,presently,what is the natural
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