An Increase in Frictional Unemployment Will

question 56

Multiple Choice

An increase in frictional unemployment will

• A)shift the long-run Phillips curve to the right.
• B)increase the natural rate of unemployment.
• C)shift the short-run Phillips curve to the right.
• D)All of the above are correct.
• E)None of the above is correct.

---

Definitions:

Urban Industrial Society

A society characterized by living in urban areas with economies based predominantly on manufacturing and other forms of industrial production.

Urban Crises

Refers to a range of problems faced by cities, including overcrowding, housing shortages, inadequate infrastructure, and environmental pollution.

Housing Shortage

A condition in which there are not enough homes available to meet the demand of the population, often leading to increased prices and homelessness.

Traffic Congestion

The condition on road networks that occurs as use increases, characterized by slower speeds, longer trip times, and increased vehicular queueing.