Some frictional unemployment is inevitable because
A) Of minimum wage laws.
B) There are changes in the demand for labour among different firms.
C) Of unions.
D) All of these answers
E) Efficiency wages may hold the wage above the equilibrium wage.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are temporarily unemployed while transitioning between jobs or entering the workforce, often due to changes in the demand for labor among different firms.

Some Frictional Unemployment Is Inevitable Because