Real-wage unemployment:
A) occurs when there is a mismatch between the skills workers can offer and the skills that are in demand.
B) is caused by workers changing their locations, jobs, or careers.
C) is the effect of wages remaining persistently above the market-clearing level.
D) is also called cyclical unemployment.
Correct Answer:
Verified
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Q51: Structural unemployment:
A) occurs when there is a
Q52: Frictional unemployment:
A) occurs when there is a
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