Which of the Following Is Not Correct

question 27

Multiple Choice

Which of the following is not correct?

• A)Frictional unemployment results from the process of matching workers and jobs.
• B)Structural unemployment results when the number of jobs is insufficient for the number of workers.
• C)Minimum wages are the predominant reason for unemployment in the U.S.economy.
• D)When a minimum-wage law forces the wage to remain above the level that balances supply and demand,it raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.

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Definitions:

Direct Proportion

A relationship between two variables where an increase in one results in a proportional increase in the other.

Activity Level

In accounting and management, refers to the volume of units produced, hours worked, or any other measure of output that drives the costs in a business.

Production Supervisor's Salary

An overhead expense associated with the compensation paid to an individual responsible for overseeing and managing the production operations.

Units Produced

Refers to the total quantity of goods manufactured by a business during a specific period.