Which of the following causes of unemployment is not associated with a wage rate above the equilibrium level?
A)unions
B)efficiency wages
C)job search
D)minimum-wage laws

Question

Quizplus · Accepted Answer

Job search is not associated with a wage rate above the equilibrium level. Job search refers to the time and effort people spend looking for employment. It is not influenced by wage rates, but rather by other factors such as job availability, skills required, and geographic location. Unions, efficiency wages, and minimum-wage laws can all lead to a wage rate above the equilibrium level.

Which of the Following Causes of Unemployment Is Not Associated