Frictional Unemployment Results from

question 57

Multiple Choice

Frictional unemployment results from

• A)job searching.It is often thought to explain relatively short spells of unemployment.
• B)job searching.It is often thought to explain relatively long spells of unemployment
• C)a surplus in the some labor markets.It is often thought to explain relatively short spells of unemployment.
• D)a surplus in some labor markets.It is often thought to explain relatively long spells of unemployment.

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Definitions:

Obligation

A duty or commitment that one is bound to by law, promise, or moral necessity.

Intermediate Term

A period of time that falls between the short term and the long term, often used to describe financial instruments or investments with maturity periods of 2 to 10 years.

Adaptive

The ability to change or adjust effectively to new conditions, environments, or situations, often considered vital for survival and success.

Developing

The process of growth, progress, or improvement toward a more advanced, complex, or mature state, often used in the context of countries, technology, or skills.