2. Because it takes time for workers to search for the job that best suits their individual...

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2. Because it takes time for workers to search for the job that best suits their individual skills and tastes, some frictional unemployment is inevitable.Various government policies, such as unemployment insurance, alter the amount of frictional unemployment.

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Macroeconomics

ISBN: 9780716752370

5th Edition

Authors: N. Gregory Mankiw

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