When an Individual Is Frictionally Unemployed, the Unemployment Arises in Part

question 88

Multiple Choice

When an individual is frictionally unemployed, the unemployment arises in part from

• A) the permanent elimination of jobs because of a change in the structure of the economy.
• B) a reduction in the overall demand for workersʹ skills.
• C) individuals searching for appropriate employment.
• D) a short-term elimination of jobs because of a slowdown in business activity.

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Definitions:

Digital Devices

Electronic tools that can store, process, or transmit information digitally.

High-level Dependence

A situation where an individual, system, or process relies significantly on another for support, resources, or functioning.

Intellectual Capital

The collective knowledge, experience, and skills of an organization's employees that gives it a competitive advantage.

Knowledge Work

Work that tends to feature non-routine problem solving, accomplished through intellectual labor and information analysis.