Macro 2.3-Unemployment Stumping Questions

Last updated 12 months ago
7 questions
0

What are the three categories into which the BLS (Bureau of Labor Statistics) divides everyone?

1

Is unemployment typically short-term or long-term?

0

Why is frictional unemployment inevitable?

1

Are minimum-wage laws a better explanation for structural unemployment among teenagers or college grads?

1

How do Unions affect the natural rate of unemployment?

0

What claims do advocates of unions make to argue that unions are good for the economy?

0

Explain four ways in which a firm might increase its profits by raising the wages it pays.