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Which of the following is a source of frictional unemployment? a. minimum wages b. changes in the composition of demand among industries or regions c. labor unions d. labor of above is correct.

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Answer: b. changes in the composition of demand among industries or regions

Explanation: Frictional Unemployment can be described as the unemployment time frame that occurs when workers move from one particular job to another due to a company's change in operations, composition of demand, competitors having an edge, poor management.

Technically, workers can be relieved due to any of these above reasons listed and if that happens, they need to stay unemployed before getting another job. This is called frictional unemployment.

I hope this really helps.

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User Larysa
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