All of the Following Are Reasons for Frictional Unemployment Except

question 92

Multiple Choice

All of the following are reasons for frictional unemployment except:

• A) workers have different preferences and abilities.
• B) unemployed workers accept the first job offer that they receive.
• C) the flow of information is imperfect.
• D) geographic mobility takes time.

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Definitions:

Objective Side

Refers to the aspects of a situation or problem that are measurable, observable, and independent of individual subjective judgments.

Childhood Socialization

The process by which children learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Cognitive Organization

Refers to the way in which people mentally process and organize information from their environment.

Important Symbols

Objects, signs, or emblems that carry significant meanings or represent ideas within a culture or society.