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The Unemployment That Results from the Process of Matching Workers

question 303

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The unemployment that results from the process of matching workers and jobs is called frictional unemployment.


Definitions:

Resolution

The smallest distinguishable increment into which a quantity is divided.

Input impedance

The impedance presented by an electrical device or circuit at its input, affecting how it interacts with the signal sources connected to it.

Ladder Logic

A programming language used in programmable logic controllers (PLCs) that employs graphical elements resembling a ladder with rungs to represent control logic.

Communication Module

Allows the user to connect the PLC to high-speed local networks that may differ from the network communication provided with the PLC.

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