Because It Takes Time for Workers to Search for a Job

question 28

Multiple Choice

Because it takes time for workers to search for a job and for firms to search for new employees,there will always be some workers who are

• A) frictionally unemployed.
• B) structurally unemployed.
• C) cyclically unemployed.
• D) seasonally unemployed.

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Definitions:

Terms Of Service

The legal agreements between a service provider and a user that outline the rules and guidelines for using the service.

Disaffirm

The legal act of renouncing or voiding a contract or agreement, especially by a person who was not of legal age or capacity at the time of entering the agreement.

Lack Of Majority

Lack of majority refers to a situation where no party or candidate has received more than half of the votes or seats, often leading to a hung parliament or the need for a coalition.

Ratifies

To formally confirm or approve an agreement or treaty, making it officially valid.