Which of the Following Is Not Correct

question 27

Multiple Choice

Which of the following is not correct?

• A)Frictional unemployment results from the process of matching workers and jobs.
• B)Structural unemployment results when the number of jobs is insufficient for the number of workers.
• C)Minimum wages are the predominant reason for unemployment in the U.S.economy.
• D)When a minimum-wage law forces the wage to remain above the level that balances supply and demand,it raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.

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Definitions:

Manufacturer's Branch Office

An office or division of a manufacturing company located separately from its main operations, typically to perform regional functions like sales, support, or distribution.

Full-Service Wholesaler

A wholesaling entity that provides a wide range of services to its customers, including storage, delivery, and product and market information.

Producer's Inventory

Refers to the goods and materials that a producer has in stock which are ready or will be ready for sale.

Brokers

Intermediaries that facilitate transactions between buyers and sellers in various markets, such as real estate or stocks, often for a commission or fee.