Multiple Choice
Suppose that the labour movement has a revival in Canada and the majority of workers join labour unions.As a result we would expect
A) the unemployment rate to fall.
B) the unemployment rate to rise.
C) no change in the unemployment rate, but a decrease in the natural rate of unemployment.
D) an increase in the unemployment rate, but a decrease in the natural rate of unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
Q45: In countries with very restrictive labour laws,many
Q46: Figure 6.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 6.4
Q47: Figure 6.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 6.1
Q48: As the workforce ages,<br>A) structural and frictional
Q49: Unemployment due to factors such as weather
Q51: Figure 6.2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4177/.jpg" alt="Figure 6.2
Q52: If the rate of job finding equals
Q53: Explain what causes the three types of
Q54: Some policymakers claim that raising the minimum
Q55: If a minimum wage is set above