221. Describe what else can be used instead of money as a store of value

234. Explain what frictional unemployment means.
Frictional unemployment is therefore a normal condition in an economic system permitting freedom of job choice. Improved methods of distributing job information through job listings on the
Internet can help unemployed workers find jobs more quickly and reduce frictional unemployment.Unlike frictional unemployment, structural unemployment is not a short-term situation. Instead, it is long-term, or possibly permanent unemployment resultingfrom the non-existence of jobs for unemployed workers.
Explain wat frictional unemployment means.

What is Frictional Unemployment?

Frictional unemployment is a type of unemployment that arises when workers are searching for new jobs or are transitioning from one job to another. It is part of natural unemployment and hence is present even when the economy is considered at full employment.
Unlike other kinds of unemployment, frictional unemployment does not increase during an economic recession. On the contrary, during a recession, it tends to decline because workers become more concerned about job security since fewer job opportunities are available in the market.
Causes of Frictional Unemployment 
1. A mismatch between the workers and available jobs
If there is a mismatch between job-seekers and available jobs in the market, that is considered frictional unemployment. The issue can especially affect the new entrants or re-entrants to the job market. This is generally due to the natural career progression for an employee, and their natural transition to a new job, industry, or role.
2. Workers’ dissatisfaction with work conditions 
Workers’ anxiety towards salaries, benefits, work location, job responsibilities, etc. may force them to quit their current job, and look for something that better meets their updated expectations.

Effects of Frictional Unemployment

Many economists view reasonable levels of frictional unemployment as a positive event for the economy. It provides businesses within the economy with a larger selection of human capital. Due to frictional unemployment, companies may gain access to more qualified employees.
This phenomenon can also have negative side effects if job-seekers take a long time to find a new job. In this case, there will be an increasing frustration among job-seekers that can lead to a decrease in productivity. Moreover, longer frictional unemployment may result in a production decline in the economy.