Labor unions contribute to structural unemployment by:
A)keeping wages above the market-clearing level.
B)keeping wages below the market-clearing level.
C)allowing unemployed workers to search longer or less intensively for jobs.
D)forcing unemployed workers to take the first job offered to them.

Question

Quizplus · Accepted Answer

Labor unions artificially restrict the supply of workers in an effort to keep wages above the market-clearing level.

Labor Unions Contribute to Structural Unemployment By