A reservation wage that is higher than the equilibrium wage creates:
A) structural unemployment.
B) cyclical unemployment.
C) target unemployment.
D) potential unemployment.
Correct Answer:
Verified
Q22: According to Okun's rule of thumb, if
Q23: What will likely lower structural unemployment?
A)People lower
Q24: Unemployment caused by a recession is called:
A)frictional
Q25: Globalization, accompanied by large trade deficits, most
Q26: Mexico can produce vine-ripened tomatoes at a
Q28: Which of the following types of unemployment
Q29: What will likely lower cyclical unemployment?
A)Workers move
Q30: Technological change can result in:
A)structural unemployment.
B)natural unemployment.
C)cyclical
Q31: The target rate of unemployment can be
Q32: The target rate of unemployment:
A)remains always at
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