WAEC Economics 2011 Question 26

Question 26

Labour Market

Frictional unemployment can be reduced by

  1. A.encouraging the use of restaining schemes.
  2. B.removing barriers to labour mobility.
  3. C.restricting the introduction of new technology.
  4. D.lowering the level of wages paid to young people.
Show the answer and explanation

Answer: B (removing barriers to labour mobility.)

Explanation

Frictional unemployment is due to delays in moving between jobs, so making labour more mobile reduces it.