France is considering implementing policies that will reduce the duration of job search. A possible option is for France to
A) reduce unemployment benefits.
B) help negotiate higher union benefits for employed workers.
C) increase the minimum wage.
D) require all residents between the ages of 19 and 26 to obtain a part-time or full-time job.
E) Both answers A and B are correct.
A
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According to Figure 2.5, the United States civilian labor force in June 2013 was ________
A) 157.1 million B) 144.8 million C) 245.6 million D) 100.8 million E) none of the above
Which of the following statements is true? a. Minimum wage creates a labor deficit in a market
b. Minimum wage intends to increase the consumer surplus. c. Minimum wage is a wage set below the equilibrium wage in order to create more job opportunities. d. Minimum wage harms the unskilled workers between the age group 40 and 50. e. Minimum wage harms the unskilled workers between the age group 16 and 19.