WAEC Economics 2015 Objective — Question 25
Question 25 of 50 from the West African Examinations Council (WAEC) Economics 2015 Objective paper, with the correct answer and a full explanation.
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Frictional unemployment occurs when
- A. there is a change in the technique of production
- B. job seekers lack information on job vacancies that exist in some placesCorrect
- C. bad weather prevents work from progressing
- D. job seekers have disabilities
Explanation
Frictional unemployment arises when job seekers are between jobs or lack information about available vacancies, even though jobs exist, resulting in a temporary search period.
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