In each of the following scenarios, which type of unemployment would change (if any) and in what direction? Which of these scenarios would be most likely to reduce frictional unemployment? A. The government eliminates the minimum wage. B. The government increases unemployment insurance benefits. C. A new law bans labor unions. D. More workers post their resumes at Monster.com, and more employers use Monster.com to find suitable workers to hire. E. Sectoral shifts become more frequen

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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In each of the following scenarios, which type of unemployment would change (if any) and in what direction? Which of these scenarios would be most likely to reduce frictional unemployment?

A. The government eliminates the minimum wage.
B. The government increases unemployment insurance benefits.

C. A new law bans labor unions.
D. More workers post their resumes at Monster.com, and more employers use Monster.com

to find suitable workers to hire.
E. Sectoral shifts become more frequen

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