Multiple Choice
Which of the following explains why frictional unemployment exists in an economy?
A) Most workers shirk at work.
B) Unemployment benefits encourage workers not to look for jobs.
C) It takes time for an unemployed worker to find a firm with a well-matched job vacancy.
D) Job search is a supply-side phenomenon in the labor market, and firms make no attempts to advertise for the vacancies they have.
Correct Answer:
Verified
Correct Answer:
Verified
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