Frictional Unemployment Is Inevitable Because

question 51

Multiple Choice

Frictional unemployment is inevitable because

• A)sectoral shifts are always happening.
• B)there is a minimum-wage law
• C)some people do not want to be employed.
• D)unions are very popular

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Definitions:

Different Values

Refers to the varying valuations or worth assigned by individuals or markets to goods, services, or assets.

Infinite

Without limit or end; extending beyond any finite value or measurable space.

Horizontal Line

A straight line that has a zero slope and runs parallel to the horizontal axis in a graph.

Vertical Line

A straight line that goes up and down on a graph, representing a scenario where one variable changes while the other remains constant.