Frictional Unemployment Results from

question 227

Multiple Choice

Frictional unemployment results from

• A)not enough jobs in the economy.
• B)not enough employers.
• C)not enough employees.
• D)scarce information about job opportunities and the time it takes to acquire that information.

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Definitions:

Period of Time

A specific duration marked by a beginning and an end, often used to describe or measure events or changes.

Indebtedness

The condition of owing money or being under financial obligation to others, which could include loans or issued bonds.

Profitability

A measure of how efficiently a company or business generates profit in relation to its revenue.