Multiple Choice
Which of the following causes of unemployment is associated with a wage rate above the market equilibrium level?
A) Minimum-wage laws
B) Unions
C) Efficiency wages
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q41: The labour force equals the<br>A) Number of
Q42: Which of the following is not a
Q43: The amount of _ _increases when the
Q44: A miner who has been unable to
Q45: How can both the employment and the
Q47: The presence of a union tends to
Q48: The natural rate of unemployment is the
Q49: Whenever the wage rises above the competitive
Q50: Which of the following is a cost
Q51: Since unemployment rates are consistently higher in