In the absence of minimum wages,efficiency wages,or labour unions,a decline in the demand for labour will likely result in _____ if wages are flexible.
A) higher levels of employment
B) no changes in employment
C) a lower level of employment but likely no change in the unemployment rate
D) a lower level of employment and a higher unemployment rate

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The Answer of In the absence of minimum wages,efficiency wages,or labour unions,a decline in the demand for labour will likely result in _____ if wages are flexible.
A) higher levels of employment
B) no changes in employment
C) a lower level of employment but likely no change in the unemployment rate
D) a lower level of employment and a higher unemployment rate

In the Absence of Minimum Wages,efficiency Wages,or Labour Unions,a Decline