We would normally expect the size of the labor force to be _____ than the number or workers willing to accepts job offers at any real wage rate ?

Related Mcqs:

The view of the Phillips curve that prevailed in the 1960s implied that policies that ?

A. lower unemployment rate will tend to lower the inflation rate B. lower unemployment rate will tend to raise the inflation rate C. raise inflation rate will tend to raise the unemployment rate D. lower inflation rate will tend to raise the unemployment rate...

The expectations augmented Phillips curve was the Work of which group of economists ?

A. New classical economists B. Keynesian. C. Monetarists D. Marxists....

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

A. voluntary unemployment B. classical unemployment C. voluntary unemployment D. Frictional unemployment...

The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?

A. the contention that workers in one industry may be unwilling to accept a wage cut unless they know that workers in other industries are receiving similar cuts B. employment contracts that stipulate workers’ wages usually for a period of one to three years C. unspoken agreements between workers and firms that firms will not … The relative-wage explanation for the existence of downwardly sticky wages emphasizes ?Read More...

All the following are types of monetary policy expect ?

A. a nominal money stock target B. a balanced budget C. an inflation target D. The pursuit of a target real interest rate...