Frictional Unemployment Is the Result of

question 231

Multiple Choice

Frictional unemployment is the result of

• A) technological change or foreign competition.
• B) normal labor market turnover.
• C) a slowdown in the rate of economic expansion.
• D) irresponsible workers with poor work habits.

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Definitions:

Psychological Factors

Elements of a person's psychological state that influence their behavior and well-being, such as attitudes, emotions, and motivations.

Depressive Disorder

A mood disorder characterized by persistent feelings of sadness, hopelessness, and loss of interest in activities, often accompanied by physical symptoms.

Mood Disorder

A psychological disorder characterized by the elevation or lowering of a person's mood, such as depression or bipolar disorder.

Major Depressive Disorder

A mental disorder characterized by persistent feelings of sadness, loss of interest in activities, and other symptoms that impair daily functioning.