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Salsk061 [2.6K]
1 year ago
9

Frictional unemployment occurs because in a world of imperfect information, it takes ________ for people to find jobs.

Business
1 answer:
adelina 88 [10]1 year ago
3 0

Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.

<h3>What is Frictional unemployment?</h3>

Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.

In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.

The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.

To learn more about the,  Frictional unemployment visit:

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Mama L [17]

Answer:

c. recurring growth and decline in real GDP.

Explanation:

A business cycle is also called a economic cycle or trade cycle, and it is the fluctuation of GDP up and down along its long term growth trend. A business cycle consists of a period of boom and contraction in sequence.

It shows rise and fall in production of goods and services within a country including output from businesses, individuals, households, nonprofits, and government.

There are 4 stages that make up the business cycle that is peak, recession , trough, and expansion.

3 0
3 years ago
Architects must consider the availability and cost of ________ when they plan their projects.
barxatty [35]

Answer:

the correct answer is Building materials

Explanation:

Architects must consider the availability and cost of Building materials when they plan their projects.

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6 0
2 years ago
Computer technology corporation dell recently acquired quest software, an it management software provider, in order to expand up
aleksandr82 [10.1K]
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3 years ago
Supplier development is synonymous with ____. Group of answer choices materials management procurement reverse marketing supplie
notsponge [240]

Answer:

<em>The correct answer is:</em> reverse marketing

Explanation:

Reverse marketing can be defined as the type of marketing in which the customer seeks the company, and not that traditional marketing model whose marketers are looking for customers.

Therefore, in this model, it is necessary to develop the variables that will bring the customer closer to the company, because reverse marketing can be considered an aggressive strategy to achieve objectives, where the buyer is the main decision maker of the purchase.

Supplier development is a technique widely used in business to business markets, where the company is the buyer who will approach the supplier in order to meet their needs.

5 0
3 years ago
If the forecasted volume increased to 12,000 procedures and budgeted costs increased to $440,000, while all other variables rema
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Answer- $ 54.74

Explanation-

= ($440,000 ÷ 12,000) + [($80,000 + 4,800 ($36.67 – $38.00)) ÷ 6,000]  / (1-0.106)

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= $ 54.74

Finance encompasses banking, leverage or debt, credit score, capital markets, money, investments, and the advent and oversight of financial systems. basic economic standards are based on microeconomic and macroeconomic theories.

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2 years ago
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