Based on Wage Setting Behavior,we Know That an Increase in the Unemployment

question 69

Multiple Choice

Based on wage setting behavior,we know that an increase in the unemployment rate will cause

• A)no change in the real wage.
• B)a reduction in the real wage.
• C)an increase in the real wage.
• D)an upward shift of the WS curve.

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Definitions:

Informative Power

The ability of information to influence or alter the understanding or behavior of an individual or audience.

Skim

To read or glance through quickly in order to grasp the main points or gist.

Disconnected

Lacking coherence or continuity, resulting in a fragmented or disjointed experience.

Parallelism

A grammatical and stylistic device used in writing and speech that involves making two or more phrases or sentences mirror each other in structure, sound, meaning, or meter to create symmetry.