Frictional Unemployment Arises When

question 19

Multiple Choice

Frictional unemployment arises when

• A)unskilled or low-skilled workers find it difficult to obtain desirable,long-term jobs.
• B)labour must be reallocated from industries that are shrinking to areas that are growing.
• C)workers must search for suitable jobs and firms must search for suitable workers.
• D)output and employment are below full-employment levels.

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Definitions:

Late 19th Century

A period marked by industrialization, social, and political changes internationally, typically considered to range from the 1870s to 1900.

Field of Study

A particular branch of academic or professional interest, exploration, or specialization.

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Strategies, practices, and techniques employed by businesses to conduct operations, increase efficiency, and achieve objectives.

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Social Enterprises are businesses that operate with the primary aim of addressing social problems, improving communities, or benefiting the environment, alongside generating revenue.