Question
a. What is frictional rate of unemployment? Briefly explain the TWO major causes of frictional rate of unemployment b. Explain in what sense a lower
a. What is frictional rate of unemployment? Briefly explain the TWO major causes of frictional rate of unemployment
b. Explain in what sense a lower frictional unemployment could be beneficial to business firms.
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
