Which of the following describes the wage curve?
A) Workers with higher wages are less likely to become unemployed.
B) Regions with higher wages have lower regional unemployment rates.
C) As more workers seek jobs, market wages fall.
D) As regional wages increase, the number of persons seeking jobs goes up.

Question

Quizplus · Accepted Answer

The wage curve is a graph that plots regional wages against regional unemployment rates. It shows that regions with higher wages tend to have lower unemployment rates.

Which of the Following Describes the Wage Curve