Multiple Choice
Which of the following is not a reason economies experience structural unemployment?
A) job search
B) unions
C) minimum-wage laws
D) efficiency wages
Correct Answer:
Verified
Correct Answer:
Verified
Q18: If there were no factors keeping wages
Q19: Buddy is the owner of a firm
Q20: Sectoral changes in demand<br>A)create frictional unemployment,while firms
Q21: Which of the following causes of unemployment
Q22: The theory of efficiency wages provides a
Q24: Minimum-wage laws,unions,and efficiency wages contribute to<br>A)both structural
Q25: Which of the following is an example
Q26: The efficiency-wage theory of worker turnover suggests
Q27: Minimum-wage laws<br>A)create frictional unemployment,while firms paying wages
Q28: Efficiency-wage theory suggests that paying<br>A)low wages might