Unemployment Generated by the Existence of Labor Unions Is Structural

question 294

True/False

Unemployment generated by the existence of labor unions is structural unemployment and so contributes to the natural rate of unemployment.

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Definitions:

Chronological

Pertaining to the sequence in which events or records occur, typically ordered from the earliest to the latest.

Functional

Designed to be practical and useful, often referring to the way things work or operate efficiently.

Academic

Related to education, schools, universities, and scholarly activities.

Preceptor

A preceptor is an experienced practitioner or faculty member who supervises and guides students or less experienced workers in a practical, hands-on learning environment.