When an Individual Is Frictionally Unemployed, the Unemployment Arises from

question 161

Multiple Choice

When an individual is frictionally unemployed, the unemployment arises from

• A) a short-term elimination of jobs because of a slowdown in business activity.
• B) imperfect labor market information which requires individuals to search for appropriate employment.
• C) the permanent elimination of jobs because of a change in the structure of the economy.
• D) a reduction in the overall demand for labor's skills.

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Definitions:

Posner Effect

A phenomenon in cognitive psychology indicating that attention can be directed to a location without the need for the eyes to move.

Craik Effect

A phenomenon where the depth of processing impacts memory recall; deeper processing leads to better retention.

Late Selection

A cognitive process theory suggesting that all incoming information is processed at a basic level before selective filtering happens based on its importance.

Early Selection

A theory in psychology suggesting that information is selected to be attended to at an early stage during the processing of sensory information.