Many economists would argue that some frictional unemployment
A) creates massive economic disruptions and should be eliminated as quickly as feasible.
B) should be eliminated whatever the cost.
C) no longer exists because increased unemployment benefits have generally solved this problem.
D) cannot and probably should not be eliminated.

Question

Quizplus · Accepted Answer

Frictional unemployment is caused by the time and effort it takes for workers to find a new job that matches their skills and preferences. This type of unemployment is considered natural and unavoidable as it reflects the regular turnover and adjustments in the labor market. Trying to eliminate frictional unemployment would be unrealistic and potentially harmful, as it may discourage workers from leaving their current jobs or delay their search for better opportunities. Therefore, option D is the best choice.

Many Economists Would Argue That Some Frictional Unemployment