Unemployment Would Decline in the Face of Rising Productivity If

question 104

Multiple Choice

Unemployment would decline in the face of rising productivity if:

• A) real wages only increased sluggishly.
• B) real wages adjusted instantaneously.
• C) labour supply remained fixed in the face of increases in labour demand.
• D) the demand for labour did not respond to the rising productivity.

---

Definitions:

Clast Shape

Describes the form or outline of the fragments or grains that make up sedimentary rocks, influenced by processes such as weathering and transportation.

Clast Composition

The nature and variety of fragments or grains making up sedimentary rocks, indicating their origins and conditions of formation.

Peninsular Ranges

A group of mountain ranges that stretch along the Pacific Coast from Southern California to Baja California.

Volcanic Rocks

Igneous rocks formed from the cooling of magma or lava on the surface of the Earth or its near surface, including basalt and rhyolite.