Question

Eliminating frictional unemployment would be good for the economy?
1) True
2) False

Answer 1

Frictional unemployment is the type of unemployment that occurs in between jobs as workers move between them. It is not inherently a bad thing, as it takes time for both the employer and the individual to match those looking for employment with the correct job openings.

Step-by-step explanation:

Frictional unemployment is the type of unemployment that occurs in between jobs as workers move between them. It is not inherently a bad thing, as it takes time for both the employer and the individual to match those looking for employment with the correct job openings. The level of frictional unemployment depends on factors such as how easy it is for workers to learn about alternative jobs and how willing people are to move to new areas for jobs.