Frictional unemployment is thought to explain relatively A. long spells of unemployment, as is structural unemployment. B. short spells of unemployment, while structural unemployment is thought to explain relatively long spells of unemployment. C. short spells of unemployment, as is structural unemployment. D. long spells of unemployment, while structural unemployment is thought to explain relatively short spells of unemployment.

Question

Business

Deven Macias

4 February, 20:00

Frictional unemployment is thought to explain relatively A. long spells of unemployment, as is structural unemployment. B. short spells of unemployment, while structural unemployment is thought to explain relatively long spells of unemployment. C. short spells of unemployment, as is structural unemployment. D. long spells of unemployment, while structural unemployment is thought to explain relatively short spells of unemployment.

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Timothy Duran · Answer 1

The correct answer is B. short spells of unemployment, while structural unemployment is thought to explain relatively long spells of unemployment.

Explanation:

Frictional unemployment has to do with the outcome of the transitions that happen in the economy. It is not rare to see that Frictional unemployment also in economies that are growing and stable. People who have to quit their jobs or new workers entering the workforce both of them gives frictional unemployment.