Frictional Unemployment Includes

question 278

Multiple Choice

Frictional unemployment includes

• A) unemployment caused by normal labor turnover associated with people leaving and entering the labor force.
• B) unemployment caused by industries moving overseas to better meet foreign competition.
• C) unemployment caused by a lack of education so that workers do not possess necessary job skills.
• D) unemployment caused by automation of the work place that displaces unskilled workers.

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Definitions:

Organizational Goal

The strategic objectives that a business or institution aims to achieve within a specific timeframe, guiding its operations and direction.

Nongovernmental Organization

An independent organization not affiliated with any government, usually serving a social or environmental purpose.

Making Money

The process of earning a profit or revenue, typically through business activities, employment, or investments.

Nonprofit Organization

An entity that operates for a purpose other than to make profits for its owners, often focused on social, charitable, or community goals.