Which of the Following Is Not an Explanation for the Existence

question 461

Multiple Choice

Which of the following is not an explanation for the existence of structural unemployment?

• A) efficiency wages
• B) job search
• C) minimum-wage laws
• D) unions

Understand the roles and responsibilities of entrepreneurs in business development.

Recognize the motivations behind becoming an entrepreneur.

Identify the traits and skills common to successful entrepreneurs.

Understand the concept of social entrepreneurship and its impact on society.

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Definitions:

Consensus

A general agreement among members of a group or the process of reaching such an agreement.

Innovation

The process of introducing new ideas, devices, or methods, often leading to positive change or improvements in a particular field or society.

Normative Influence

The impact of norms, values, and expectations of society or a group on an individual's behavior.

Direct Influence

The immediate impact or control one individual or group has over another's actions or decisions.