asked 125k views
3 votes
All of the following examples of unemployment are correctly paired with their causes EXCEPT __________.

frictional: retired people and volunteer workers
structural: new technologies make certain skills unneeded
cyclical: businesses produce more than they can sell and lay off workers
seasonal: professional athletes during their off-season

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User Drejc
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2 Answers

4 votes

Answer: Frictional: retired people and volunteer workers.

Step-by-step explanation:

Frictional unemployment is a constant in any economy. It´s caused by temporary employment transitions, as workers and employers may lack some information. For example, someone looking for their very first job may not have enough resources to find a suitable job and ends up not taking other employment, temporarily holding out. On the other hand, a business may refrain from hiring new employees if they think there´s no one enough qualified available when there actually is.

4 votes
All of the following examples of unemployment are correctly paired with their causes except frictional: retired people and volunteer workers. The correct option among all the options that are given in the question is the first option. I hope that this is the answer that has actually come to your desired help.

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