True/False
If the quantity of labor demanded and the quantity of labor supplied are brought into equilibrium by rising and falling wage rates, there should be no persistent unemployment and the unemployment rate should be zero.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q81: A new policy is implemented that guarantees
Q82: A vertical aggregate supply curve implies a
Q83: Economists who argue that the AS curve
Q84: Which of the following may shift the
Q85: Refer to the information provided in Figure
Q87: Structural unemployment<br>A) arises from the time it
Q88: Refer to the information provided in Figure
Q89: Frictional and structural unemployment usually decrease during
Q90: Refer to the information provided in Figure
Q91: Refer to the information provided in Figure