Ask Question
13 April, 12:22

6. All of the following are reasons for frictional unemployment except: A) workers have different preferences and abilities. B) unemployed workers accept the first job offer that they receive. C) the flow of information is imperfect. D) geographic mobility takes time. 7. Which of the following is an example of frictional unemployment? A) Dave searches for a new job after voluntarily moving to San Diego. B) Elaine is willing to work for less than the minimum wage, but employers cannot hire her. C) Bill is qualified and would like to be an airline pilot, but airlines do not find it profitable to hire him at the wage establish

+4
Answers (1)
  1. 13 April, 13:33
    0
    1) The correct answer is letter "B": unemployed workers accept the first job offer that they receive.

    2) The correct answer is letter "A": Dave searches for a new job after voluntarily moving to San Diego.

    Explanation:

    1) Frictional unemployment is one of what economists call natural unemployment triggered by factors other than an underperforming economy. Frictional unemployment is caused by temporary changes. This involves conditions such as the entry of new employees into the workforce, people moving to another city and searching for a job or people leaving to search for a better job.

    Therefore, an unemployed accepting the first offer received does not reflect frictional unemployment.

    2) Under the same concept, Dave's case would reflect what frictional unemployment causes. By moving to another city at will, he starts looking for a new job. One of the causes of frictional unemployment is the relocation to another city and pursuit of a career in the new city.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “6. All of the following are reasons for frictional unemployment except: A) workers have different preferences and abilities. B) unemployed ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers