True or false? when the economy is doing well, a significant share of unemployment is frictional.

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01-10-2017
Business

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True or false? when the economy is doing well, a significant share of unemployment is frictional.

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SeoJoon15 SeoJoon15 · Answer 1 · 2017-10-12T06:19:07+02:00

SeoJoon15 SeoJoon15

12-10-2017

The answer is true. It is because it may provide the unemployed to be matched with jobs, even if it is only temporary and in a short period of time. With it, it contributes to the efficiency of the economy, where in the economy is doing well.

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