The Unemployment That Results from the Quantity of Labor Supplied

question 133

True/False

The unemployment that results from the quantity of labor supplied exceeding the quantity demanded is called frictional unemployment.

---

Definitions:

Vertical Loading

Enhancing a job by adding more meaningful tasks and responsibilities that increase the workers' autonomy and control over their work.

Pre-work

Tasks or preparations completed before the start of a primary activity or project to ensure its smooth execution and success.

Enlarge

The act or process of increasing in size, volume, scope, or capacity.

Job Enrichment

The process of making a job more rewarding, engaging, and satisfying by adding more meaningful tasks and giving employees more control over their work.