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Why might a favorable change in the economy, such as technological improvement or a decrease in the price of imported oil, be associated with an increase in frictional unemployment?
Hardiness
A personality trait characterized by resilience and the ability to cope with stress and adversity effectively.
Hardiness
The personal quality of being able to endure difficult conditions; resilience in facing stress or adversity.
Disenchantment
A feeling of disillusionment or dissatisfaction, often resulting from unmet expectations or the realization that reality does not match ideals.
Adaptive Response
A reaction to a change in the environment that enables an organism or system to better survive or operate.
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