Which of the following is an explanation for the existence of frictional unemployment?
a. efficiency wages
b. minimum-wage laws
c. unions
d. job search
d
You might also like to view...
The simultaneous imposition of a 3 cent sales tax and a 5 cent excise tax on the sale of a cup of coffee would have the same effect on coffee sales as:
a. a 2 cent subsidy. b. a 2 cent excise tax . c. a 3 cent excise tax . d. an 8 cent excise tax.
What is the difference between a monopoly's marginal revenue curve and a perfect competitor's marginal revenue curve?
What will be an ideal response?
The United States Constitution states that
A. Congress and the President must agree on spending. B. a law must be passed to approve spending for a government activity that Congress and the President agree on. C. a law must be passed to approve spending for a government activity. D. the President may spend money according to his/her own priorities.
Suppose that the value of the multiplier has increased in recent years. Which of the following could have caused this?
A. Changes in the way the unemployment compensation fund is financed have made it more expensive for firms to lay off workers. B. "Buy America" campaigns launched by many unions have succeeded in reducing the demand for imported goods. C. Consumption has become more sensitive to changes in the interest rate. D. The costs of inventory storage have fallen.