The Primary Cause of Frictional Unemployment Is

question 96

Multiple Choice

The primary cause of frictional unemployment is

• A) the low level of the current minimum wages.
• B) the lack of and cost of acquiring information about available job opportunities.
• C) a mismatch of the skills of unemployed workers with the skills needed for job openings.
• D) discouraged workers who quit looking for a job after extended periods of unsuccessful job search.

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Definitions:

Persuading Consumers

The act of convincing potential buyers about the value or benefits of a product or service to influence their purchasing decision.

Utilitarian Products

Goods that are primarily purchased for their practical uses and the functions they serve rather than for aesthetic or emotional reasons.

High Performance Risk

High Performance Risk refers to the potential for loss or adverse outcomes associated with products or services that are expected to perform at an advanced or superior level.

Attitudes

A psychological tendency reflected by the evaluation of a particular entity with some degree of favor or disfavor.