Applying elementary economics, mismatch unemployment should fall when relative wages
A) rise.
B) fall.
C) are more flexible.
D) are less flexible.
C
Economics
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A factor of production is the same as:
a. the amount of a good produced. b. the price of a good. c. a profit of a firm. d. an opportunity cost. e. a resource.
Economics
A price floor is
a. a maximum price above which the good cannot be legally bought or sold b. the lowest price buyers are willing to pay for a good. c. a minimum price below which the good cannot be legally bought or sold. d. a minimum price above which the good cannot be legally bought or sold.
Economics