The Primary Cause of Frictional Unemployment Is

question 58

Multiple Choice

The primary cause of frictional unemployment is:

• A) discouraged workers who give up looking for work.
• B) fluctuations in aggregate demand.
• C) the lack of training and marketable qualifications in job seekers.
• D) inaccurate information about job opportunities.

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Definitions:

Restrictive Trade Practices

Business practices that restrict trade to the detriment of the consumer or competitors.

Competition Tribunal

A specialized court or tribunal that adjudicates matters pertaining to competition law, including antitrust and monopoly issues.

Competition Act

Legislation designed to promote fair business practices and protect consumers by preventing monopolies and promoting competition.

Bid-rigging

A form of fraud in which competitors agree in advance who will win a bidding process, thus undermining the competition.