Multiple Choice
Frictional unemployment exists because
A) the quantity demanded of labor exceeds the quantity supplied at the equilibrium wage rate.
B) of fluctuations in economic activity.
C) technological changes make the skills of the workers incompatible with the skills used on the job.
D) it takes time for people seeking jobs and employers seeking workers to find each other.
Correct Answer:

Verified
Correct Answer:
Verified
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