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

question 20

True/False

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

---

Definitions:

Histrionic Personality Disorder

A mental health condition characterized by a pattern of excessive emotionality and attention-seeking behaviors, including discomfort when not the center of attention.

Narcissistic Personality Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, need for excessive attention and admiration, and a lack of empathy for others.

Avoidant Personality Disorder

A mental disorder characterized by severe social inhibition, feelings of inadequacy, and extreme sensitivity to negative evaluation.

Social Anxiety

A condition characterized by significant nervousness, discomfort, or fear in social situations, leading to avoidance or distress.