Multiple Choice
Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricultural workers will ________ and employment of agricultural workers will ________.
A) increase; increase
B) increase; decrease
C) decrease; not change
D) decrease; decrease
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Holding other factors constant, if computers allow
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
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Q13: Labor unions contribute to structural unemployment by:<br>A)keeping
Q14: Heterogeneity and the dynamic nature of labor
Q15: Government health and safety regulations or anti-discrimination
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