Which of the Following Explains Why Frictional Unemployment Exists

question 24

Multiple Choice

Which of the following explains why frictional unemployment exists?

• A) Some workers have skills that have become obsolete.
• B) There are individuals who work part-time but prefer to work full-time.
• C) There are costs associated with searching for jobs.
• D) Policy makers have been unable to prevent recessions.

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Definitions:

Cognitive Facilitation

The improvement in performance of one cognitive task due to exercises or activities that stimulate cognition.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making.

Prime Numbers

Natural numbers greater than 1 that have no positive divisors other than 1 and themselves, crucial in number theory.

Algorithm

A step-by-step procedure or set of rules designed to perform a specific task or solve a particular problem.