Other things the same, an increase in wages above their equilibrium level
a. increases...
Business, 11.01.2020 06:31, lanaiheart7
Other things the same, an increase in wages above their equilibrium level
a. increases frictional unemployment but leaves the natural rate of unemployment unchanged.
b. increases frictional unemployment and increases the natural rate of unemployment.
c. increases structural unemployment but leaves the natural rate of unemployment unchanged.
d. increases structural unemployment and increases the natural rate of unemployment.
Answers: 2
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