Structural Unemployment CANNOT Be Caused By

question 282

Multiple Choice

Structural unemployment CANNOT be caused by:

• A) a government-mandated floor on the price of labor set above the equilibrium wage.
• B) collective bargaining efforts that secure higher wages for unionized workers than for nonunionized workers.
• C) offering high wages to attract high-quality workers.
• D) granting Social Security benefits to laid-off workers.

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Definitions:

Joint Tenancy

A form of co-ownership where two or more persons hold an equal share in a property, with the right of survivorship upon the death of one owner.

Life Estate

A property interest that lasts for the life of a specific individual, after which ownership can revert to another person or entity.

Conditional

Depending on or subject to one or more conditions or requirements being met.

Leasehold

Leasehold refers to a property interest that allows the holder (lessee) to use the property for a fixed period of time under the terms of a lease agreement.