Multiple Choice
Labor unions contribute to structural unemployment by:
A) keeping wages above the market-clearing level.
B) keeping wages below the market-clearing level.
C) allowing unemployed workers to search longer or less intensively for jobs.
D) forcing unemployed workers to take the first job offered to them.
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Unemployment insurance contributes to structural unemployment by:<br>A)keeping
Q9: Frictional unemployment is:<br>A)the unemployment that results when
Q10: Frictional unemployment may be economically beneficial if:<br>A)its
Q11: Globalization can increase wage inequality in the
Q12: Holding other factors constant, if food prices
Q14: Heterogeneity and the dynamic nature of labor
Q15: Government health and safety regulations or anti-discrimination
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Q17: Holding other factors constant, an increase in
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