Real-Wage Unemployment Is

question 3

Multiple Choice

Real-wage unemployment is:

• A) a mismatch between the skills workers can offer and the skills that are in demand.
• B) unemployment caused by workers who are changing their location, job, or career.
• C) the effect of wages remaining persistently above the market-clearing level.
• D) also called cyclical unemployment.

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Definitions:

Code of Conduct

A set of guidelines designed to set out acceptable behaviors for members of a particular group, organization, or profession.

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