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
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
Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
Section: Chapter Questions
Problem 7WNG
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In each of the following scenarios, which type of
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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