MCQOPTIONS
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| 1. |
Which of the following types of unemployment will exist even if the wage is at the competitive equilibrium ? |
| A. | Unemployment due to unions |
| B. | Unemployment due to efficiency wages |
| C. | Frictional Unemployment |
| D. | Unemployment due to minimum-wage laws |
| Answer» D. Unemployment due to minimum-wage laws | |