Which Statement by an Employer Is Consistent with the Market-Clearing

question 81

Multiple Choice

Which statement by an employer is consistent with the market-clearing theory of unemployment?

• A)"I pay more than the going rate so I can hire good workers."
• B)"I pay only enough to attract workers who are at the bottom of the pay scale."
• C)"I love it when inflation goes up because that drives down my wage costs."
• D)"Workers can always find jobs,if only they lower their expectations."
• E)"Unions have only their current members' interests at heart."

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Definitions:

Red Blood Cells

Blood cells that carry oxygen from the lungs to the body tissues and carbon dioxide back to the lungs.

Lymphocytes

A type of white blood cell that is part of the immune system, involved in protecting the body against both infectious disease and foreign invaders.

Hormones

Chemical messengers produced by endocrine glands that regulate various bodily functions by traveling through the bloodstream to target organs.

Complement

Group of serum proteins that stimulates phagocytosis and inflammation.