Frictional Unemployment Is a "Necessary" Cost of a Dynamic Economy

question 20

True/False

Frictional unemployment is a "necessary" cost of a dynamic economy.

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Definitions:

Weaknesses

Points of vulnerability within an organization, system, or individual that can be targeted or require improvement.

Strengths

Inherent capabilities or positive qualities that give an individual or organization a competitive advantage.

Community Relations

Efforts by a company or institution to engage and contribute to the well-being of the local community it's part of.

Local Level

Pertaining to, or affecting, a specific area or community, emphasizing actions or aspects relevant to a localized setting.