Some Frictional Unemployment Is Inevitable Because

question 7

Multiple Choice

Some frictional unemployment is inevitable because

• A)of minimum wage laws.
• B)there are changes in the demand for labour among different firms.
• C)of unions.
• D)All of these answers.
• E)efficiency wages may hold the wage above the equilibrium wage.

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Definitions:

Defence

The reasons, facts, or legal arguments presented by the defendant to contest or mitigate the claims made by a plaintiff in a legal case.

Ultimate Consumer

The end-user of a product or service who uses it for personal, non-commercial purposes.

Liable

Being legally responsible or obligated, especially in terms of financial compensation for damages or injuries.

Manufacturer

is a person or company that makes goods for sale, especially on a large scale, using machinery and labor.