If the Wage Is Kept Above the Equilibrium Wage for Any

question 345

True/False

If the wage is kept above the equilibrium wage for any reason, the result is structural unemployment.

---

Definitions:

Equity

The value of ownership interest in an entity, encompassing stocks and assets minus liabilities.

Cost of Capital

The yield a firm needs to generate on its investments to preserve its market value and draw in capital.

Investors' Money

Funds provided by investors to be used in business activities with the expectation of future returns.

Financial Statements

Reports created from accounting records that summarize a firm’s performance in money terms.