Frictional Unemployment Arises When

question 54

Multiple Choice

Frictional unemployment arises when

• A)unskilled or low-skilled workers find it difficult to obtain desirable, long-term jobs.
• B)labor 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:

Quaternary Education

Education that follows after tertiary education, including further academic or professional study, research, and training.

Digital Natives

People who were born or brought up during the age of digital technology, thus are familiar with computers and the Internet from an early age.

Smartphone

A mobile phone offering advanced features beyond making calls and sending text messages, including internet access and various applications.

Low-SES

Refers to individuals or families with low socioeconomic status, characterized by low income, education, and occupational status.