What is frictional unemployment? Why is a certain amount of frictional unemployment probably necessary in a well-functioning

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What is frictional unemployment? Why is a certain amount of frictional unemployment probably necessary in a well-functioning economy?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:45 AM

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What is frictional unemployment? Why is a certain amount of frictional unemployment probably necessary in a well-functioning

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Frictional unemployment arises as workers and firms search to find ...View the full answer

Macroeconomics

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