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.Management Sciences
A. Not in the labour force
B. Not in the adult population
C. Unemployed
D. Employed
Related Mcqs:
- An increase in the wage rate ?
- A. Will usually lead to more people employed B. Will decrease total earning if the demand for labour is wage elastic C. is illegal in a free market D. will cause a shift in the demand for labour...
- Which one of the following types of Unemployment results from the wage being held above the competitive equilibrium wage ?
- A. Structural unemployment B. Cyclical Unemployment C. Frictional Unemployment D. None of these answers E. Sectoral Unemployment...
- A reservation wage is the ?
- A. Maximum wage the firm is willing to pay B. tip necessary to get a waiter to reserve a table C. minimum wage the worker is willing to accept D. competitive equilibrium wage....
- Which of the following government policies would fail to lower the unemployment rate ?
- A. Establishing worker training Programs B. Establishing right-to-work laws C. Reducing unemployment benefits D. Establishing employment agencies E. Raising the minimum wage...
- Which of the following is an example of a reason why firms might pay efficiency wages ?
- A. At equilibrium wages workers sleep when the boss is not looking because workers are not deeply concerned about being fired B. At equilibrium wages workers often quit to find better jobs. C. At equilibrium wages only minimally qualified workers apply for the job D. At equilibrium wages, workers cannot afford a healthy diet so … Which of the following is an example of a reason why firms might pay efficiency wages ?Read More...
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