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:

Extraversion

A personality trait typified by sociability, talkativeness, assertiveness, and high amounts of emotional expressiveness.

Openness to Experience

A personality trait that entails a willingness to try new things, embrace new ideas, and be imaginative and creative.

Neuroticism

A characteristic of personality defined by feelings of unease, instability in emotions, fretfulness, a tendency to worry, and experiences of fear.

Behavioral Traits

Characteristics or patterns of behavior that are observable and often considered to be inherent or acquired through interaction with the environment.