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Which of the Following Explains Why Frictional Unemployment Exists in an Economy

question 72

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Which of the following explains why frictional unemployment exists in an economy?


Definitions:

Relative Deprivation Theory

A theory proposing that individuals evaluate their own circumstances in comparison to others, which can lead to feelings of deprivation.

Huguenots

French Protestants of the 16th and 17th centuries who faced severe persecution for their religious beliefs, leading many to flee to other countries.

Civil Citizenship

Pertains to the rights and duties of citizens in relation to their community and society, often emphasizing participation in civic activities.

Political Citizenship

The status of being a citizen that entails rights and duties within a political community, including participation in the democratic process.

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