QUESTION 20 Which of the following is correct? O Cyclical unemployment is caused by an increase in either structural unemployment or frictional unemployment. O If there is a decrease in the minimum wage, than frictional unemployment would decrease. O Extensions in unemployment insurance benefits would increase frictional unemployment because it reduces the job search efforts of the unemployed. demand across certain industries or regions will A sectoral shift affects structural unemployment because the change in the composition of labor displace some workers who must then take time to search for a job to match their skills.

QUESTION 20 Which of the following is correct? O Cyclical unemployment is caused by an increase in either structural unemployment or frictional unemployment. O If there is a decrease in the minimum wage, than frictional unemployment would decrease. O Extensions in unemployment insurance benefits would increase frictional unemployment because it reduces the job search efforts of the unemployed. demand across certain industries or regions will A sectoral shift affects structural unemployment because the change in the composition of labor displace some workers who must then take time to search for a job to match their skills.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 17