Which of the Following Correctly Describes "Frictional Unemployment

question 175

Multiple Choice

Which of the following correctly describes "frictional unemployment"?

• A) Frictional unemployment is due mainly to job leavers.
• B) Frictional unemployment is due mainly to job losers.
• C) Frictional unemployment is a normal occurrence in a growing economy.
• D) Frictional unemployment occurs mainly during recessions.

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Definitions:

Hierarchy

An arrangement or institution where individuals or sectors are hierarchically positioned above each other based on their level of power or prestige.

Cognitive Needs

Psychological requirements of individuals that drive their desire to acquire knowledge, understanding, and rationality.

Innate Needs

Fundamental psychological or physiological needs that are born with an individual, determining motivations and behaviors.

Prestige Needs

The desire for esteem, respect, and admiration from others, considered as part of higher-level needs in Maslow's hierarchy.