Question

Friction unemployment refers to:

a. people who are out of work and have no job skills
b. short periods of unemployment needed to match jobs and job seekers
c. people who spend relatively long periods out of work
d. unemployment related to the ups and downs of the business cycle

Answer 1

Answer:

b

Explanation:

for example if we take students searching for jobs for a short durations we can call it frictional unemployment since they are just temporary unemployment.