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Frictional Unemployment Is Different from Unemployment Arising from Minimum-Wage Laws

question 70

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Frictional unemployment is different from unemployment arising from minimum-wage laws, unions, and efficiency wages because in the former, workers are searching for the jobs that best suit them, while in the latter, workers are waiting for jobs to open up.


Definitions:

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A mental health condition characterized by a long-term pattern of disregarding or violating the rights of others, often manifesting as hostile or harmful behavior.

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