Structural unemployment occurs because A. it takes time for workers to search for the jobs that best suit their tastes and skills. B. minimum wage laws force the wages to remain above their equilibrium levels. C. some people are economically inactive. D. the number of jobs available in some labour markets is insufficient to provide a job for everyone who wants one.
Structural unemployment occurs because A. it takes time for workers to search for the jobs that best suit their tastes and skills. B. minimum wage laws force the wages to remain above their equilibrium levels. C. some people are economically inactive. D. the number of jobs available in some labour markets is insufficient to provide a job for everyone who wants one.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter12: The American Labor Force
Section12.1: Amercians At Work
Problem 1R
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9. Structural
A. it takes time for workers to search for the jobs that best suit their tastes and skills.
B. minimum wage laws force the wages to remain above their equilibrium levels.
C. some people are economically inactive.
D. the number of jobs available in some labour markets is insufficient to provide a
job for everyone who wants one.
PROVIDE A BRIEF WRITTEN EXPLANATION
JUSTIFYING YOUR CHOICE.
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