A reason that does NOT explain why frictional unemployment exists is:
A) that new jobs are continually being created.
B) that some old jobs are always being destroyed.
C) that new workers are always entering the labor market.
D) the minimum wage.

Question

Quizplus · Accepted Answer

Frictional unemployment exists due to factors such as workers taking time to search for suitable jobs, job vacancies taking time to be advertised and filled, and geographic or skills mismatch between job seekers and job openings. The minimum wage is not a factor that explains the existence of frictional unemployment.

A Reason That Does NOT Explain Why Frictional Unemployment Exists