Which of the Following Statements About Frictional Unemployment Is Most

question 71

Multiple Choice

Which of the following statements about frictional unemployment is most accurate?

• A)The only way to reduce it is to shift the AD curve to the left.
• B)The only way to reduce it is to shift the AD curve to the right.
• C)Its source is that unemployed workers and the employers with suitable job vacancies have not yet found each other.
• D)It exists when only there are no jobs for the unemployed people in the economy.
• E)Its source is a mismatch between the needs of employers with job vacancies and the unemployed workers.

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Definitions:

Production Technology

The methods and processes used to convert inputs into outputs (goods or services).

Corn

A cereal plant that yields large grains, or kernels, set in rows on a cob; widely grown for food, fodder, and biofuel.

Rice

Rice is a staple food grain consumed worldwide, known for its versatility and ability to serve as a primary source of carbohydrate.

Bushels

A unit of volume used primarily in the United States for measuring agricultural commodities, such as grains.