The unemployment rate will decrease when

A) people get discouraged and quit looking for work.
B) the age of the labor force increases.
C) the average workweek falls from 40 to 39 hours.
D) the duration of unemployment increases.

A

Economics

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The market demand curve for coffee is the same as the

A) marginal social cost curve of coffee. B) marginal social benefit curve of coffee. C) opportunity cost curve of coffee. D) marginal social benefit curve minus the marginal social cost curve of coffee.

Economics

In the above figure, at what minimum wage is the unemployment level equal to 200 million hours?

A) $2 per hour B) $4 per hour C) $6 per hour D) $8 per hour

Economics