In the Above Figure, an _{-------------}would Be Set _{-------------}

question 35

Multiple Choice

In the above figure, an _{-------------}would be set _{-------------}

• A)union wage; above $9.00 but would not affect the natural rate of unemployment.
• B)effective minimum wage; above $6.00.
• C)efficiency wage; above $9.00 and would increase the natural rate of unemployment
• D)efficiency wage; below $9.00
• E)efficiency wage; above $6.00.

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Definitions:

Idea Screening

The process of evaluating ideas to spot viable options, eliminating those that are less likely to succeed, before significant resources are allocated.