Which of the following reasons does not contribute to a higher level of unemployment?
A) the existence of efficiency wages
B) a reduction in economic activity due to a recession
C) a lack of labor mobility as people choose to remain in their hometown
D) a reduction in union bargaining activities
Correct Answer:
Verified
Q9: Which of the following statements does NOT
Q10: Which statement about chained consumer price index
Q11: Which one of the following would NOT
Q12: When the increase in prices goes from
Q13: The official unemployment rate as commonly reported
Q15: Which of the following groups benefits from
Q16: Frictional unemployment is:
A) short-term unemployment associated with
Q17: If the price index is 200, how
Q18: If frictional unemployment is 2%, structural unemployment
Q19: If Chuck gets laid off from a
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