In country S, frictional unemployment has fallen, whereas in country T, structural unemployment has risen. What are possible reasons for these changes?
- Acountry T: real wage rates are flexible; country S: a reduction in job search times
- Bcountry T: the closure of several large mining firms; country S: more job vacancy websites
- Ccountry T: a fall in economic growth; country S: unemployment benefits have decreased
- Dcountry T: workers’ skills do not match available jobs; country S: unemployment benefits have increased