(I)Changes in the Age Composition of the Labor Force Will

question 15

Multiple Choice

(I) Changes in the age composition of the labor force will affect the natural rate of unemployment (for example,an increase in the relative number of youthful workers) .
(II) Institutional changes such as an increase in the minimum wage may increase cyclical unemployment but will not affect the natural rate of unemployment.

• A)Both I and II are true.
• B)I is true;II is false.
• C)I is false;II is true.
• D)Both I and II are false.

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