Frictional unemployment is inevitable because:
A) different sectors do not shift.
B) the economy needs to be lubricated.
C) workers never quit their jobs to change careers.
D) the demand for different goods always fluctuates.
Correct Answer:
Verified
Q1: The unemployment rate in the United States
Q2: In a steady state:
A) no hiring or
Q3: Unemployment caused by the time it takes
Q5: Economists call the changes in the composition
Q6: A policy that decreases the job separation
Q7: Any policy aimed at lowering the natural
Q8: All of the following are reasons for
Q9: Frictional unemployment is unemployment caused by:
A) wage
Q10: If the number of employed workers equals
Q11: In the model of the steady-state unemployment
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