Asked by
Sonya Lorenti
on Nov 16, 2024
Verified
Public policy, without intending to do so, can increase frictional unemployment.
Frictional Unemployment
The period of joblessness people face when searching for new employment or their first job, a natural part of a dynamic economy.
Public Policy
Government actions, which could be laws, regulatory measures, courses of action, and funding priorities, regarding various issues implemented by the government.
- Comprehend the idea of frictional unemployment and the ways in which public policy can affect it.
Verified Answer
BT
Learning Objectives
- Comprehend the idea of frictional unemployment and the ways in which public policy can affect it.
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