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Consider the following statements regarding Frictional unemployment: It occurs when workers lose their current job and are in the process of finding another one. This suggests that zero unemployment is impossible at any one time because some workers will always be in the process of changing jobs.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Frictional unemployment: It occurs when workers lose their current job and are in the process of finding another one. This suggests that zero unemployment is impossible at any one time because some workers will always be in the process of changing jobs.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Frictional unemployment: It occurs when workers lose their current job and are in the process of finding another one. This suggests that zero unemployment is impossible at any one time because some workers will always be in the process of changing jobs.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements regarding Frictional unemployment: It occurs when workers lose their current job and are in the process of finding another one. This suggests that zero unemployment is impossible at any one time because some workers will always be in the process of changing jobs.Which of the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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