The increase in the average unemployment rate in the 1970s was the result of
A) the reduction of overly generous unemployment benefits in the 1970s.
B) an increase in the birth rate in the early 1970s.
C) an increase in the birth rate in the late 1940s and early 1950s.
D) higher real wage rates.
E) repeated increases in the minimum wage.
Correct Answer:
Verified
Q123: Which of the following increases frictional and/or
Q124: The length of time an unemployed person
Q125: More generous unemployment benefits _ the opportunity
Q126: Job rationing occurs when the real wage
Q127: Efficiency wages, above equilibrium minimum wage rates,
Q129: Structural change influences the unemployment rate and
Q130: France is considering implementing policies that will
Q131: Job rationing occurs when the real wage
Q132: France offers its citizens generous unemployment benefits
Q133: Which of the following creates job rationing?
A)
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