Examlex
Select the correct equation of the following graph.
Raises Unemployment
An action or event that leads to an increase in the number of unemployed individuals.
Frictional Unemployment
A form of unemployment that occurs when people are between jobs or are in the process of finding new jobs, usually reflecting short-term movement within the labor market.
Natural Rate
Often referred to as the natural rate of unemployment, indicating the level of unemployment expected in an economy without short-term cyclical fluctuations.
Tastes and Skills
Individual preferences and abilities that influence consumer behavior and labor market dynamics, affecting demand for goods and employment opportunities.
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