All of the following are possible explanations for the trends in the U.S. unemployment rate in the last half of the twentieth century and early twenty-first century except:
A)the changing composition of the U.S. workforce.
B)sectoral shifts.
C)a generally increasing real value of the minimum wage.
D)the links between unemployment and productivity.

Question

Quizplus · Accepted Answer

The other options are all possible explanations for trends in the U.S. unemployment rate. A) The changing composition of the U.S. workforce can affect the unemployment rate. B) Sectoral shifts occur when there are changes in the mix of industries in the economy and can influence the unemployment rate. D) There is a relationship between unemployment and productivity; for example, if productivity increases, unemployment may decrease as businesses expand and hire more workers. However, there is not a generally increasing real value of the minimum wage, as the minimum wage has not kept pace with inflation over the years.

All of the Following Are Possible Explanations for the Trends