Frictional Unemployment Is

question 5

Multiple Choice

Frictional unemployment is

• A)not inevitable;rather,it can be reduced to zero by well-designed public policies.
• B)not inevitable;rather,it could be reduced to zero if by the elimination of unemployment insurance.
• C)inevitable,because at any given time,jobs are being created in some firms and destroyed in other firms.
• D)inevitable,because in some industries,wages are always set above the level that brings supply and demand into equilibrium.

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Definitions:

Psychoneuroimmunology

The study of how psychological, neural, and endocrine processes together affect the immune system and resulting health.

General Adaptation Syndrome

A model describing the body's short-term and long-term reactions to stress, including stages of alarm, resistance, and exhaustion.

General Adaptation Syndrome

A three-stage response to stress consisting of alarm, resistance, and exhaustion, theorized by Hans Selye.

Alarm Reaction

The initial stage in the stress response where the body readies itself for fight or flight, part of the General Adaptation Syndrome.