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Chocolate_Pie Chocolate_Pie
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A year ago
Which of the following explains why frictional unemployment exists in an economy?

▸ Job search is a supply-side phenomenon in the labor market, and firms make no attempts to advertise for the vacancies they have.

▸ Unemployment benefits encourage workers not to look for jobs.

▸ It takes time for an unemployed worker to find a firm with a well-matched job vacancy.

▸ Most workers shirk at work.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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mattyca001mattyca001
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A year ago
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