Frictional unemployment is the Frictional unemployment is the a) unemployment that results when people become disheartened about their chances of finding a job and so stop looking for work. b) portion of unemployment that is due to the normal working of the labour market. c) portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. d) unemployment that occurs during recessions.
Frictional unemployment is the Frictional unemployment is the a) unemployment that results when people become disheartened about their chances of finding a job and so stop looking for work. b) portion of unemployment that is due to the normal working of the labour market. c) portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries. d) unemployment that occurs during recessions.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Frictional
Frictional unemployment is the
a) unemployment that results when people become disheartened about their chances of finding a job and so stop looking for work.
b) portion of unemployment that is due to the normal working of the labour market.
c) portion of unemployment that is due to changes in the structure of the economy that result in a significant loss of jobs in certain industries.
d) unemployment that occurs during recessions.
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