A. 134.0 million
B. None of theses answers
C. 92.3 million
D. 98.0 million
Correct Answer: 98.0 million ✔
Last Updated: June 18, 2019
Related MCQs
- Unions tend to increase the disparity in pay between insiders and outsiders by ?
- Union might increase efficiency in the case Where they ?
- Which of the following is an example of a reason why firms might pay efficiency wages ?
- Which of the following government policies would fail to lower the unemployment rate ?
- If, for any reason the wage is held above the competitive equilibrium wage?
- A minimum wage law tends to ?
- Refer to Figure 1. The unemployment rate is ?
- According to the Office of National Statistics UK, a husband who chooses to stay home and take care of household is ?
- TO reduce cyclical unemployment the government might ?
- Reducing involuntary unemployment ?
- Occupational immobility of labour occurs if ?
- If the real wage is too high in the labour market ?
- Supply side policies are most appropriate to cure ?
- If the minimum wage is set above the equilibrium wage rate, then another thing unchanged ?
- In a perfectly competitive labour market firms are wage takers and the marginal cost of labour equals?
- Demand for labour is more likely to be wage inelastic if ?
- A decrease in the supply of labour is likely to lead to ?
- The Marginal Revenue Product is likely to be wage inelastic if ?
- IF Unemployment insurance were so generous that it paid laid off workers 95 percent of their regular salary ?
- Which of the following types of unemployment will exist even if the wage is at the competitive equilibrium ?
- Which of the following statements about efficiency wage theory is true ?
- Some frictional Unemployment is inevitable because ?
- Sector shifts tend to raise which type of unemployment ?
- A reservation wage is the ?
- Which one of the following types of Unemployment results from the wage being held above the competitive equilibrium wage ?
- A miner who has been unable to find work for so long that he has stopped looking for work is considered to be ?
- Refer to Figure 1. The labour force participation rate is ?
- The amount of unemployment that the economy normally experiences is known as ?
- Less demand in the economy may increase unemployment; this may lead to less spending which may reduce demand further. This is called ?
- Which of the following is not a supply side measure ?
- If there is cyclical unemployment in the economy the government might ?
- The natural rate of unemployment is likely to fall if ?
- If people are made unemployed because of a fall in aggregate demand this is known as ?
- If employees cannot accept a job because of the costs of moving this is known as ?
- A profit maximising firm will employ labour up to the point where ?
- The Marginal Revenue Product is ?
- A fall in demand for labour is likely to lead to ?
- An increase in the wage rate ?