In the Absence of Minimum Wages,efficiency Wages,or Labour Unions,a Decline

question 249

Multiple Choice

In the absence of minimum wages,efficiency wages,or labour unions,a decline in the demand for labour will likely result in _____ if wages are flexible.

• A) higher levels of employment
• B) no changes in employment
• C) a lower level of employment but likely no change in the unemployment rate
• D) a lower level of employment and a higher unemployment rate

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Definitions:

Major Gene

A gene that has a strong influence on a particular trait or characteristic, often overriding the effects of other genes.

Minor Genes

Genes that contribute subtly to an individual's phenotype, often in complex interaction with other genes and environmental factors.

Positive Symptoms

In psychology, symptoms that add an unwanted behavior or feeling, such as hallucinations or delusions, especially noted in schizophrenia.