Frictional unemployment is the temporary unemployment that results from the search time that occurs when people are searching for suitable jobs and firms are looking for suitable workers.
Correct Answer:
Verified
Q10: Cyclical unemployment rises and falls with fluctuations
Q11: Economists consider cyclical unemployment to be the
Q12: Some people working in the underground economy
Q13: Nearly every society desires to achieve the
Q14: The cost of unemployment to society includes
Q16: Luke has lent his friend Mitch some
Q17: Many economists believe that skill-biased technical change
Q18: Each person in the population can be
Q19: The Employment Act of 1946 dictated the
Q20: Many economists believe that skill-biased technical change
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents