If for any reason, the wages are pulled above the equilibirum wage level then it can cause a. structural unemployment. b. frictional unemployment. c. seasonal unemployment. d. cyclical unemployment.
If for any reason, the wages are pulled above the equilibirum wage level then it can cause a. structural unemployment. b. frictional unemployment. c. seasonal unemployment. d. cyclical unemployment.
Chapter12: Business Cycles And Unemployment
Section: Chapter Questions
Problem 11SQ
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Question
If for any reason, the wages are pulled above the equilibirum wage level then it can cause
a. |
structural |
|
b. |
frictional unemployment. |
|
c. |
seasonal unemployment. |
|
d. |
cyclical unemployment. |
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