Which of the following statements about frictional unemployment is true?
a. It can be eliminated only in a free society.
b. It is a long-term unemployment.
c. It does not exist in developed economies.
d. It is also called structural unemployment.
e. It arises when people choose to change jobs.
Question 2
Which of the following is true about workers who experience structural unemployment?
a. They quickly accept a much lower salary in a different industry.
b. They become unemployed due to the business cycle fluctuations.
c. They sometimes enter the pool of discouraged workers.
d. They tend to quit their job search very easily.
e. They usually have the necessary skills to maintain their level of income in another industry.
TrUe....FaLsE
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