The Primary Cause of Frictional Unemployment Is

question 58

Multiple Choice

The primary cause of frictional unemployment is:

• A) discouraged workers who give up looking for work.
• B) fluctuations in aggregate demand.
• C) the lack of training and marketable qualifications in job seekers.
• D) inaccurate information about job opportunities.

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Definitions:

Firms

Business organizations that produce goods or offer services, typically with the aim of generating profit.

Resources

Inputs or factors that are used in the production of goods and services, such as land, labor, capital, and entrepreneurship.

Demand for Carpenters

The market need or desire for carpentry skills and services.

Wages

Payments made to employees in exchange for their labor, typically calculated on an hourly, daily, or piecework basis.