Which of the following causes of unemployment is not associated with a wage rate above the market equilibrium level?

a. efficiency wages
b. job search
c. minimum-wage laws
d. unions

b

Economics

You might also like to view...

The Slutsky equation is a mathematical representation of:

A) a utility function. B) the marginal utility of income. C) a demand curve. D) the income expansion path. E) the substitution and income effects.

Economics

Between 1929 and 2009, the U.S. economy grew at an average annual rate of ________

a. 10.4 percent b. 7.9 percent c. 5.2 percent d. 3.3 percent

Economics