MCQOPTIONS
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| 1. |
Which one of the following types of Unemployment results from the wage being held above the competitive equilibrium wage ? |
| A. | Structural unemployment |
| B. | Cyclical Unemployment |
| C. | Frictional Unemployment |
| D. | None of these answers |
| E. | Sectoral Unemployment |
| Answer» B. Cyclical Unemployment | |