Which of the following statements is incorrect?
A) Demand and supply curves for labor are constantly shifting.
B) The typical unemployment compensation in the United States is one's full salary for up to 26 weeks.
C) Unemployment compensation decreases the opportunity cost of being unemployed to a worker.
D) Unemployment compensation encourages longer job searches, which may lead to a better match between jobs and employees.
Correct Answer:
Verified
Q121: Which of the following statements is correct?
A)Technological
Q122: Offering employees an efficiency wage may:
A)reduce turnover.
B)attract
Q123: If a minimum wage law is passed
Q124: During an inflationary period, those most likely
Q125: The natural rate of unemployment:
A)is the sum
Q127: The term full employment implies an unemployment
Q128: If firms pay employees an efficiency wage:
A)absenteeism
Q129: Which of the following statements is correct?
A)If
Q130: If the economy is operating at the
Q131: If the minimum wage law is repealed
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