Which of the following is a positive effect of job search and the unemployment that often accompanies it?
A) It keeps wages and income levels low.
B) It permits individuals to better match their skills and preferences with the requirements of a job.
C) It reduces the wage gap between high skill workers and those with few skills.
D) It creates political pressure for an increase in the minimum wage, which will reduce the rate of unemployment in the long run.
Correct Answer:
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