What Is Frictional Unemployment

question 130

Multiple Choice

What is frictional unemployment?

• A)unemployment caused by automation in the workplace
• B)unemployment that is due to normal turnover in the labour market
• C)unemployment caused by lack of training and education
• D)unemployment that is due to the friction of competing ideological systems

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Definitions:

Treaty of Paris

The 1783 agreement that ended the American Revolutionary War, recognizing the independence of the United States from Great Britain.

Anglo-Saxon Purity

A concept rooted in racial ideology that idealizes the characteristics, culture, and heritage of Anglo-Saxons, often associated with white supremacy.

American Capitalism

An economic system in the United States based on private ownership of the means of production and the creation of goods or services for profit.

Spheres of Influence

Areas in which one country or organization has significant cultural, economic, military, or political influence over another.