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.Management Sciences
A. Increased training
B. Providing more information
C. Helping individuals to move location to find work
D. Increasing spending on existing industries
Related Mcqs:
- A profit maximising firm will employ labour up to the point where ?
- A. Marginal revenue = marginal product B. Marginal cost = marginal product C. Marginal revenue product = average cost of labour D. Marginal revenue product = marginal cost of labour...
- 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 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...
- 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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