Which of the Following Is a Source of Frictional Unemployment

question 73

Multiple Choice

Which of the following is a source of frictional unemployment?

• A) A downturn in economic activity
• B) Low costs of acquiring information about job vacancies
• C) The time it takes to search for jobs that best matches one's skills
• D) Outsourcing

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Definitions:

Claude-Henri de Saint-Simon

Claude-Henri de Saint-Simon was a French social theorist and one of the founders of socialism, emphasizing the importance of industrial development and social organization.

Hierarchy of Knowledge

A system or structure that ranks different types of knowledge or disciplines according to perceived importance, complexity, or applicability, often influencing educational and research priorities.

Socialist

A socialist advocates for a political and economic system where the production, distribution, and exchange of goods are regulated by the community as a whole or the state, aiming for equal distribution of wealth.

Utopian Socialists

Early 19th-century socialists who envisioned ideal societies where property was communally owned and each person worked according to their abilities and received according to their needs.