The Short-Term Unemployment Arising from the Process of Matching Workers

question 151

Multiple Choice

The short-term unemployment arising from the process of matching workers with jobs is called

• A)frictional unemployment.
• B)structural unemployment.
• C)cyclical unemployment.
• D)seasonal unemployment.

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Definitions:

Horizontal

Describes a peer relationship in business or management settings, implicating equivalence rather than hierarchy.

Vertical

Describes the integration or arrangement within a supply chain where a company controls multiple stages of production or distribution, from raw materials to final product delivery.

Antitrust Law

Antitrust law comprises regulations established to promote fair competition and prevent monopolistic business practices.

Joint Venture

A business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.