Figure 4.4 illustrates the supply of tacos. A decrease in the supply of tacos is represented by a movement from

The O in OLI theory stands for ownership, and the asset owned can be tangible or intangible

Indicate whether the statement is true or false

Unions

a. and firms paying wages above equilibrium to improve worker effort both create frictional unemployment. b. create frictional unemployment, while firms paying wages above equilibrium to improve worker effort create structural unemployment. c. create structural unemployment, while firms paying wages above equilibrium to improve worker effort create frictional unemployment. d. and firms paying wages above equilibrium to improve worker effort both create structural unemployment.