Labor Unions Contribute to Structural Unemployment By

question 13

Multiple Choice

Labor unions contribute to structural unemployment by:

• A)keeping wages above the market-clearing level.
• B)keeping wages below the market-clearing level.
• C)allowing unemployed workers to search longer or less intensively for jobs.
• D)forcing unemployed workers to take the first job offered to them.

---

Definitions:

Cordless Charging

The process of recharging a device's battery without the need for physical wires or cables, often using electromagnetic fields.

Physical Therapy

A branch of rehabilitative healthcare that uses specially designed exercises and equipment to help patients regain or improve their physical abilities.

Inattention

When an entrepreneur becomes sidetracked from the core business.

Cognitive Processes

Mental activities involved in acquiring, processing, and storing knowledge, such as perception, memory, and reasoning.