Multiple Choice
Both _____ and _____ may cause structural unemployment.
A) a binding minimum wage; union wages
B) a binding minimum wage; union wages.
C) a nonbinding minimum wage; union wages
D) a nonbinding minimum wage; union wages.
E) economic downturns; efficiency wages
F) economic downturns; efficiency wages.
G) beneficial unemployment insurance benefits; efficiency wages.
H) beneficial unemployment insurance benefits; efficiency wages
Correct Answer:
Verified
Correct Answer:
Verified
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