Final answer:
The true statement is that job search refers to the activities that workers undertake to find appropriate jobs, facilitated by internet tools and temp agencies, which help reduce frictional unemployment.
Step-by-step explanation:
Among the statements given, the correct one is: Job search refers to the activities that workers undertake to find appropriate jobs. This process can vary widely in length and complexity depending on economic conditions, individual circumstances, and industry demands.
For instance, the use of the internet and platforms like LinkedIn has revolutionized the way job seekers discover and apply for positions, making it more efficient than traditional methods.
Moreover, the temporary worker industry, including temp agencies, has been instrumental in reducing frictional unemployment by acting as intermediaries between workers and employers, often leading to permanent employment opportunities.
Other statements provided are generally inaccurate or too absolute. For instance, it is not necessarily easier to find full-time suitable employment compared to seasonal part-time employment, as this can heavily depend on the job market and personal qualifications.
Additionally, a job search being a month long is a gross generalization, as it can be much shorter or longer based on various factors. Furthermore, demanding a wage higher than the equilibrium rate in a competitive market typically makes it harder, not easier, to find employment quickly, unless the individual has highly sought-after skills.