Other Things the Same, an Increase in Wages Above Their

question 679

Multiple Choice

Other things the same, an increase in wages above their equilibrium level

• A)increases frictional unemployment but leaves the natural rate of unemployment unchanged.
• B)increases frictional unemployment and increases the natural rate of unemployment.
• C)increases structural unemployment but leaves the natural rate of unemployment unchanged.
• D)increases structural unemployment and increases the natural rate of unemployment.

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Definitions:

Homoplasy

Similarity in the characters in different species that is due to convergent evolution, not common descent. Characters that exhibit such similarity are called homoplastic features or homoplastic traits. Compare with homology.

Modified Leaves

Modified leaves are leaves that have evolved to perform functions other than photosynthesis, such as protection, storage, or reproduction.

Lamarck's

Pertains to Lamarckism, a theory of evolution that emphasizes the inheritance of acquired characteristics.

Darwin's Mechanism

A theory proposed by Charles Darwin that describes the process of natural selection as the mechanism by which evolution takes place.