'Frictional Unemployment' Can Be Defined as Unemployed That

question 18

Multiple Choice

'Frictional unemployment' can be defined as unemployed that:

• A)arises due to changes in technology in the economy.
• B)occurs as the result of a recession.
• C)occurs when people are re-entering the labour force.
• D)occurs when people have not had a job for 12 months or more.

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Definitions:

Specified Area

A designated or defined geographic or operational space allocated for a particular purpose or activity.

Intangible Asset

An asset that lacks physical substance, such as intellectual property, goodwill, or brand recognition.

Patent Right

A legal entitlement granted to an inventor or assignee to exclusively exploit an invention for a certain period, preventing others from selling, making, or using the invention without permission.

Trademark

A symbol, word, or words legally registered or established by use as representing a company or product.