All of the following are causes of structural unemployment except:
A) minimum-wage laws.
B) the monopoly power of unions.
C) unemployment insurance.
D) efficiency wages.

Question

Quizplus · Accepted Answer

Unemployment insurance provides temporary financial assistance to individuals who are unemployed and seeking employment. It does not directly cause structural unemployment. However, minimum-wage laws, the monopoly power of unions, and efficiency wages can all contribute to structural unemployment by increasing the cost of hiring and reducing the quantity of labor demanded.

All of the Following Are Causes of Structural Unemployment Except