Frictional unemployment

A.
would be eliminated if the economy were operating at full employment levels of GDP.
B.
would be eliminated if the minimum wage were raise.
C.
. is the result of worker skills not matching the jobs available.
D.
is present even when labor markets are working well.
Macroeconomics
AP
College Board
Exam No:AP Macroeconomics Problem Set 3 Year:2024 Question No:APMacroeconomics2024AP0110

Answer:

D

Knowledge points:

2.3 Unemployment
2.7 Business Cycles

Solution:

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