In Non-Market-Clearing Theories of the Labour Market,an Important Explanation for the Existence

question 74

Multiple Choice

In non-market-clearing theories of the labour market,an important explanation for the existence of involuntary unemployment is that labour markets exhibit

• A)an elastic labour demand curve.
• B)perfectly flexible wages.
• C)rigid or sticky wages.
• D)unshifting labour demand.
• E)unshifting labour supply.

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Definitions:

Sperm

Male reproductive cells that carry genetic information and are capable of fertilizing an egg.

Genital Herpes

Sexually transmitted disease caused by the herpes simplex virus (both type 1 and type 2).

Antibiotics

Medicines used to fight bacterial infections by killing or inhibiting the growth of bacteria.

Chlamydia

A common sexually transmitted infection caused by the bacterium Chlamydia trachomatis, often asymptomatic.