If somebody is prepared to work at the going wage rate but cannot find work then they are victims of ?

Related Mcqs:

one of the tenets of the classical view of the labor market is that the wage adjustments that are necessary to clear the labor market occur ?

A. quickly B. slowly C. very infrequently D. instantly...

Governments may contribute to inflationary pressure because of building up large ?

A. numbers of employees B. welfare plans C. budget deficits D. expenditures...

Possible causes of involuntary unemployment are ?

A. minimum wage agreements B. trade C. scale economies D. insider-outsider distinctions E. efficiency wages F. all of the above...

The AD schedule indicates that _______ inflation is associated with ________ output?

A. higher, lower B. higher, higher C. lower, lower D. zero, zero...

Expansionary fiscal policy in the classical model will cause aggregate demand to _______ potential output?

A. exceeds B. fall below C. fluctuate around D. remain equal to...