Some frictional Unemployment is inevitable because ?

Related Mcqs:

If people are made unemployed because of a fall in aggregate demand this is known as ?

A. Frictional unemployment B. Seasonal unemployment C. Cyclical unemployment D. Structural unemployment...

The natural rate of unemployment is likely to fall if ?

A. unemployment benefits increase B. Income tax increases C. More training is available for the unemployed D. Geographical immobility increases...

Which of the following types of unemployment will exist even if the wage is at the competitive equilibrium ?

A. Unemployment due to unions B. Unemployment due to efficiency wages C. Frictional Unemployment D. Unemployment due to minimum-wage laws...

The Marginal Revenue Product is likely to be wage inelastic if ?

A. Labour costs are a high percentage of total costs B. Demand for the final product is price inelastic C. It is relatively easy to substitute capital for labour D. There are many substitutes for the final product...

A minimum wage law tends to ?

A. Help all teenagers because they receive a higher wage than they would otherwise B. have no impact on unemployment as long as it is set above the competitive equilibrium wage C. Create more Unemployment is high-skill job markets than in low-skill job markets D. Create more unemployment in low-skill job markets than in high-skill … A minimum wage law tends to ?Read More...