Which of the Following Will Increase the Natural Unemployment Rate

question 128

Multiple Choice

Which of the following will increase the natural unemployment rate?
i. a minimum wage set above the equilibrium wage.
ii. efficiency wages
iii. union-negotiated waged

• A) i only.
• B) i and ii.
• C) i and iii only.
• D) ii and iii only.
• E) i, ii and iii.

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Refers to products, technologies, or methods that are out-of-date or no longer in use.

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A loan where interest is calculated only on the principal amount, not on accumulated interest.

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The financial benefits that accrue to a business when leasing assets as opposed to purchasing them, often considered in terms of cost savings and tax advantages.