What Is Most Likely to Reduce the Natural Rate of Unemployment

question 184

Multiple Choice

What is most likely to reduce the natural rate of unemployment?

• A) the Internet providing more readily available information about available jobs
• B) provincial legislators voting for increasing the minimum wage
• C) passing laws that make it more difficult to monitor the efforts of workers
• D) firms offering higher-than-equilibrium wages to reduce worker turnover

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Definitions:

Impression Management

The process by which people try to control or manipulate the perceptions others have of them, often in a social or professional context.

Selective Perception

Selective perception is the tendency to define problems from your own point of view.

Selective Perception

Selective perception is the process by which individuals perceive what they want in media messages while ignoring opposing viewpoints.