Holding other factors constant, increasing the availability of disability benefits would likely
A) decrease cyclical unemployment and the natural rate of unemployment.
B) increase structural unemployment and the natural rate of unemployment.
C) increase frictional unemployment and the natural rate of unemployment.
D) decrease the natural rate of unemployment.
D
Economics
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Refer to Figure 4-10. Suppose that instead of a price ceiling, the government imposed a price floor of R1. What is the area representing the portion of consumer surplus transferred to producers as a result of the price floor?
A) B + C B) A + B C) B D) A
Economics
If a union negotiates a wage greater than the competitive wage, the total union wage bill will necessarily decrease
a. True b. False
Economics