Unemployment is good from a social point of view because
A) it keeps wages in check.
B) it allows for better matches between workers and firms.
C) it provides free time.
D) it keeps the least efficient workers out.

Question

Quizplus · Accepted Answer

Unemployment allows for better matches between workers and firms. When there are fewer jobs available, workers are more likely to take jobs that match their skills and interests instead of settling for a job that they are overqualified for. This leads to more efficient allocation of resources and higher productivity in the economy.

Unemployment Is Good from a Social Point of View Because