The government adopts new regulation that requires all firms to contribute to their employees' retirement funds.All else the same,we would expect ________ unemployment to ________.

Question

Quizplus · Accepted Answer

Frictional unemployment occurs when workers are temporarily unemployed while searching for a new job. The new regulation would increase frictional unemployment because it would make it more expensive for firms to hire new workers.

The Government Adopts New Regulation That Requires All Firms to Contribute