Frictional unemployment is thought to explain relatively
A)short spells of unemployment, as is structural unemployment.
B)long spells of unemployment, as is structural unemployment.
C)short spells of unemployment, while structural unemployment is thought to explain relatively long spells of unemployment.
D)long spells of unemployment, while structural unemployment is thought to explain relatively short spells of unemployment.

Question

Quizplus · Accepted Answer

Frictional unemployment refers to the short-term unemployment that occurs when people are between jobs or entering the labor force for the first time. It's a natural form of unemployment as workers move around. Structural unemployment, on the other hand, occurs for longer periods and is caused by changes in the economy that reduce the demand for certain skills.

Frictional Unemployment Is Thought to Explain Relatively