Solved

Frictional Unemployment Exists Because

Question 43

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions