Frictional unemployment is: a)unemployment causedby lack of training and education. b)unemployment caused by automation in the workplace. c)unemployment that is due to normal turnover in the labormarket. d)unemployment that isdue to the friction of competing ideological systems.
Frictional unemployment is: a)unemployment causedby lack of training and education. b)unemployment caused by automation in the workplace. c)unemployment that is due to normal turnover in the labormarket. d)unemployment that isdue to the friction of competing ideological systems.
Chapter6: Business Cycles And Unemployment
Section: Chapter Questions
Problem 10SQ
Related questions
Question
Frictional
a)
unemployment caused
by lack of training and education.
b)
unemployment caused by automation in the workplace.
c)
unemployment that is due to normal turnover in the labor
market.
d)
unemployment that is
due to the friction of competing ideological systems.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Macroeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506756
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc