Multiple Choice
Which one of the following would likely reduce the level of structural unemployment?
A) increasing the minimum wage to encourage more people to work
B) increasing the level of union bargaining power
C) limiting unemployment insurance benefits
D) strengthening restrictions on who can be licensed to enter certain professions
Correct Answer:

Verified
Correct Answer:
Verified
Q14: The policy irrelevance proposition implies that<br>A) unanticipated
Q128: What kinds of unemployment are associated with
Q143: Most economists agree with which of the
Q144: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5016/.jpg" alt=" -Refer to the
Q145: All of the following would increase the
Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5016/.jpg" alt=" -In the above
Q147: Cyclical unemployment is positive when<br>A)the inflation rate
Q152: Costs that deter firms from changing prices
Q280: A reduction in world oil supplies is
Q300: Suppose that the economy is in long-run