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11 December, 20:35

20. Frictional unemployment is inevitable because: A) different sectors do not shift. B) the economy needs to be lubricated. C) workers never quit their jobs to change careers. D) the demand for different goods always fluctuates.

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  1. 12 December, 00:14
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    The answer is option B) Frictional unemployment is inevitable because the economy needs to be lubricated.

    Explanation:

    Frictional unemployment is different from others in happens as a result of employees seeking out better opportunities. They could leave voluntarily or be fired from their current jobs but its is for a greater good - which is a quest for better economic opportunity.

    Frictional unemployment occurs when there is a mismatch between job seekers and available jobs in the market.

    It also happens due to the natural career progression for an employed staff seeking to transition to a new job, industry, or role.

    Frictional unemployment is like a lubricant in the economy because an increase in frictional unemployment means more workers are moving toward better positions.
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