Frictional Unemployment Is the Result of

question 181

Multiple Choice

Frictional unemployment is the result of

• A)a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs.
• B)the process of matching workers with jobs.
• C)the ups and downs in inflation.
• D)a slowdown in the economy.

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Definitions:

False Pretenses

The act of misrepresenting a fact or situation to deceive or manipulate another person, often to secure unlawful gain.

Objective Fault

A legal standard that determines liability based on failure to meet an objective level of care, regardless of the defendant's intent or knowledge.

Vicarious Liability

A legal principle holding a party responsible for the actions of another, typically applied when an employer is held liable for the actions of an employee.

Corporate Liability

The legal concept that a corporation can be held responsible for the actions of its employees or agents, subject to laws and regulations governing corporate conduct.