Structural unemployment CANNOT be caused by:
A) a government-mandated floor on the price of labour set above the equilibrium wage.
B) collective bargaining efforts that secure higher wages for unionized workers than for nonunionized workers.
C) offering high wages to attract high-quality workers.
D) granting pension benefits to laid-off workers.

Question

Quizplus · Accepted Answer

Structural unemployment is caused by mismatches between workers' skills and job requirements, not by pension benefits.

Structural Unemployment CANNOT Be Caused By