Questions
Single choice
Frictional unemployment occurs due to
Options
A.a. a mismatch between the skills of available workers and the jobs required by firms.
B.b. a downturn in the business cycle; often referred to as demand-deficient unemployment.
C.c. changes in demand for workers due to weather conditions and other seasonal factors.
D.d. the normal job search time required by people when changing jobs, initially entering the labour force, or re-entering the labour force.
View Explanation
Verified Answer
Please login to view
Step-by-Step Analysis
To approach this question, I will evaluate what frictional unemployment means and then assess each option in that light.
Option a: 'a mismatch between the skills of available workers and the jobs required by firms.' This describes structural unemployment, not frictional. Structural unemployment arises from long-term changes in the economy that create a skills gap or industry shifts, wherea......Login to view full explanationLog in for full answers
We've collected over 50,000 authentic exam questions and detailed explanations from around the globe. Log in now and get instant access to the answers!
Similar Questions
In which of the following cases we would not have any frictional unemployment?
A recent graduate from HIM spends 3 months searching for her ideal hotel management position. This is an example of:
A recent graduate from HIM spends 3 months searching for her ideal hotel management position. This is an example of:
Frictional unemployment results from
More Practical Tools for Students Powered by AI Study Helper
Making Your Study Simpler
Join us and instantly unlock extensive past papers & exclusive solutions to get a head start on your studies!