Occupational immobility of labour occurs if ?

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...

A fall in demand for labour is likely to lead to ?

A. A lower equilibrium wage and lower quantity of labour B. A lower equilibrium wage and higher quantity of labour C. A higher equilibrium wage and higher quantity of labour D. A higher equilibrium wage and lower quantity of 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...

If the real wage is too high in the labour market ?

A. The quantity demanded of labour is higher than the quantity supplied B. The quantity demanded of labour equals the quantity supplied C. The quantity demanded of labour is lower than the quantity supplied D. It will automatically adjust in the short run to bring equilibrium...

Reducing involuntary unemployment ?

A. Helps the economy move on the to Production Possibility Frontier B. Helps shift the economy’s Production Possibility Frontier outwards C. Helps the economy move along its Production Possibility Frontier D. Helps the economy move inside the Production Possibility Frontier...