Multiple Choice
Minimum wages create unemployment in markets where they create a
A) shortage of labor.Unemployment of this type is called frictional.
B) shortage of labor.Unemployment of this type is called structural.
C) surplus of labor.Unemployment of this type is called frictional.
D) surplus of labor.Unemployment of this type is called structural.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Some of a firm's workers are made
Q2: For 2015 the U.S. natural rate of
Q3: Frictional unemployment is often thought to explain
Q4: When unions raise wages in one part
Q6: Frictional unemployment is thought to explain relatively<br>A)short
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Q9: The unemployed who quit their jobs, were
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Q11: Every month, the Bureau of Labor Statistics