Which of the following is not correct?
A) Frictional unemployment is inevitable in a dynamic economy.
B) Although the unemployment created by sectoral shifts is unfortunate,in the long run such changes lead to higher productivity and higher living standards.
C) Workers tend to move to jobs where they are most valued.
D) Churning of the labor force signals that the economy is functioning poorly.
Correct Answer:
Verified
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A)reduces search effort which raises unemployment.
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