The unemployment rate is never zero because:
A) some wages are always above the market equilibrium level
B) there will always be some people who choose not to work
C) of the presence of discouraged workers
D) of maximum wage laws
Correct Answer:
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Q18: If the minimum wage is set above
Q19: Economists and policymakers must equally consider the
Q20: A minimum wage, set above the market
Q21: According to the theory of efficiency wages:
A)firms
Q22: An appropriate policy for reducing structural unemployment
Q24: Using the definition of unemployment, which of
Q25: Most of the economy's structural unemployment problem
Q26: Efficiency-wage theory suggests that to improve workers
Q27: Sectoral shifts in the economy:
A)decrease job search
B)increase
Q28: Graph 9-1 
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