What is the outcome in a market with job rationing?In a market with job rationing,O A. labor is allocated by market forcesO B. the quantity of labor supplied persistently exceeds the quantity demandedO C. firms find it difficult to attract productive workersO D. unemployment benefits are lowClick to select your answer.MacBook

The job rationing is that situation under which the real wage rate exceeds the equilibrium…

na market with job rationing, O A. labor is allocated by market forces O B. the quantity of labor supplied persistently O C. firms find it difficult to attract productive O D. unemployment benefits are low

na market with job rationing, O A. labor is allocated by market forces O B. the quantity of labor supplied persistently O C. firms find it difficult to attract productive O D. unemployment benefits are low

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter15: Unemployment

Section: Chapter Questions

Problem 4CQQ

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Question

What is the outcome in a market with job rationing?
In a market with job rationing,
O A. labor is allocated by market forces
O B. the quantity of labor supplied persistently exceeds the quantity demanded
O C. firms find it difficult to attract productive workers
O D. unemployment benefits are low
Click to select your answer.
MacBook

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