Ceteris paribus, which of the following would be the most likely to contribute to a substantial decrease in cyclical unemployment? O a. a decrease in the minimum wage O b. a decrease in real GDP O c. an increase in the minimum wage O d. an increase in real GDP
Ceteris paribus, which of the following would be the most likely to contribute to a substantial decrease in cyclical unemployment? O a. a decrease in the minimum wage O b. a decrease in real GDP O c. an increase in the minimum wage O d. an increase in real GDP
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
Section: Chapter Questions
Problem 6SCQ: Is the increase in labor force participation rates among women better thought of as causing an...
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