Which of the following causes of unemployment is not associated with a wage rate above the equilibrium level?
A) Unions
B) Job search
C) Efficiency wages
D) Minimum wage laws
Correct Answer:
Verified
Q21: According to the theory of efficiency wages:
A)firms
Q23: The unemployment rate is never zero because:
A)some
Q26: Efficiency-wage theory suggests that to improve workers
Q29: Graph 28-1 Q31: Which of the following causes of unemployment Q32: Fred decides to hire some additional mechanics Q32: Mary has been out of the paid Q33: Effective collective bargaining will: Q33: Most spells of unemployment are: Q37: If an unemployed person stops looking for
A)increase the demand for
A) short
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