Frictional Unemployment Exists Because

question 43

Multiple Choice

Frictional unemployment exists because

• A) the quantity demanded of labor exceeds the quantity supplied at the equilibrium wage rate.
• B) of fluctuations in economic activity.
• C) technological changes make the skills of the workers incompatible with the skills used on the job.
• D) it takes time for people seeking jobs and employers seeking workers to find each other.

---

Definitions:

Reinforcement Theory

A motivational theory suggesting that behavior is driven by its consequences, with rewards increasing the likelihood of repeating behaviors.

Intrinsic Motivation

The internal drive to perform an activity for its own sake and for the satisfaction it provides, rather than for some external reward.

External Agent

An individual or entity from outside an organization that acts on its behalf in a specific capacity.

Maslow's Theory

refers to Maslow's Hierarchy of Needs, a psychological theory proposing that humans are motivated by five levels of needs: physiological, safety, love/belonging, esteem, and self-actualization.