Which Cause of Unemployment Is Associated with a Wage Rate

question 142

Multiple Choice

Which cause of unemployment is associated with a wage rate above the market equilibrium level?

• A) mismatch between skills and available jobs
• B) economic recession
• C) sectoral changes
• D) unions

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Definitions:

Physicians

Medical professionals licensed to diagnose and treat illnesses, injuries, and other health conditions.

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Government Funding

Government funding refers to financial support provided by a government for projects, services, or to assist sectors of the economy.

Pediatric Care

Comprehensive medical care and services provided to infants, children, and adolescents, focusing on their growth, development, and health issues.