Why Is Frictional Unemployment Considered to Be Productive

question 24

Multiple Choice

Why is frictional unemployment considered to be productive?

• A) Search activities of workers and firms resulting in frictional unemployment improve the allocation of resources.
• B) Firms do not hire a worker until they find the most educated worker.
• C) There are more potential workers seeking jobs than there are jobs for workers when there is frictional unemployment.
• D) The demand for highly skilled workers exceeds the supply of highly skilled workers when there is frictional unemployment.
• E) Frictional unemployment leads to a decrease in the unemployment rate.

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Definitions:

Identical Phenotypes

Individuals that have the same observable characteristics or traits, often as a result of shared genetics in identical twins.

Diverse Heredities

Refers to the variety of genetic material inherited from parents across different organisms, emphasizing the range of genetic differences.

Genotype

An individual’s genetic endowment, including both expressed and unexpressed genes.

Alleles

Different forms of the same gene, such as the many forms of the eye color gene.