Efficiency Wages

question 33

Multiple Choice

Efficiency wages

• A)increase frictional unemployment by keeping wages above equilibrium.
• B)decrease frictional unemployment by keeping wages at equilibrium.
• C)increase structural unemployment by keeping wages above equilibrium.
• D)decrease structural unemployment by keeping wages at equilibrium.

---

Definitions:

Internet

A global network of computers that facilitates the exchange of data and communication around the world, revolutionizing how information is accessed and shared.

Social Structure

The organized pattern of social relationships and social institutions that together compose society.

Sociological Studies

Academic research or analysis that focuses on social behaviors, institutions, structures, and functions within human society.

Influences

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.