Chapter6: Business Cycles And Unemployment
Section: Chapter Questions
Problem 10SQ
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Question
Which of the following would be most likely to reduce frictional
- The govt. eliminates the minimum wage.
- The govt. increases unemployment insurance benefits.
- A new law bans labor unions.
- More workers post their resumes at Monster.com, and more employers use Monster.com to find suitable workers to hire.
- Sectoral shifts become more frequent.
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