Rictional unemployment is
A. not inevitable; rather, it could be reduced to zero if by the elimination of unemployment insurance.
B. inevitable, because in some industries, wages are always set above the level that brings supply and demand into equilibrium.
C. inevitable, because at any given time, jobs are being created in some firms and destroyed in other firms.
D. not inevitable; rather, it can be reduced to zero by well-designed public policies.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Rictional unemployment is A. not inevitable; rather, it could be reduced to zero if by the elimination of unemployment insurance. B. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In which type of market would you find it the most difficult to buy goods from another country? pure market economy closed economy traditional economy mixed market economy
Answers (2)
Skin is relatively waterproof because of:
Answers (1)
form prepared periodically for each processing department summarizing (1) the units for which the department is accountable and the disposition of these units and (2) the costs charged to the department and the allocation of these costs is called a
Answers (1)
Suppose people decide to buy fewer GE stoves. If General Electric reduces the number of its employees to reduce its costs but no other stove company does so, which type of unemployment results?
Answers (1)
A health drink company is known for launching drinks with flavors which are different from what are offered in the market. It regularly indulges in experimentation to come up with new and exotic flavored drinks.
Answers (2)
New Questions in Business
The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the: a. balance of trade b. balance of payments c. free trade d. trade deficit
Answers (1)
You own and are the only employee of a company that sells custom embroidered pet sweaters. Last year your total revenue was $120,000. Your costs for equipment, rent, and supplies were $30,000.
Answers (2)
When a country has a comparative advantage in producing a certain good, a. the country should import that good. b. the country should produce just enough of that good for its own consumption.
Answers (1)
When wendy's advertising emphasizes that a combo meal can come with any of a number of sides, not just fries, the company is appealing to american consumers' preference for?
Answers (1)
Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, but not overloaded. True/false
Answers (1)