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What is frictional unemployment?

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Question

What is frictional unemployment?

Options

  • Long-term joblessness due to economic shifts

  • Temporary unemployment when factories shut down for maintenance or strikes

  • Unemployment due to too many job seekers

  • Job loss from technological changes

MCQ
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Solution

Temporary unemployment when factories shut down for maintenance or strikes

Explanation:

Frictional unemployment is a short-term condition caused by temporary disruptions such as strikes or machine breakdowns.

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