The unemployment that results from the quantity of labor supplied exceeding the quantity demanded is called frictional unemployment.
Correct Answer:
Verified
Q120: Most spells of unemployment are short, and
Q121: Frictional unemployment is inevitable because the economy
Q122: The demand for labor by a certain
Q123: If all workers and all jobs were
Q124: Structural unemployment results when wages are, for
Q126: Some long-run unemployment may be explained by
Q127: If all workers and all jobs were
Q128: The Bureau of Labor Statistics' household survey
Q129: The demand for labor by a certain
Q130: Job search is the process of matching
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents