35) The figure above shows a labour market in which a union negotiates the real wage rate with employers. Union-voluntary unemployment is equal to (A) _; Individual-involuntary unemployment is equal to (B) __.

A: DF B: DF

A: DE B: EF

A: EF B: DE

A: DF B: zero

Answer is:

A: DF B: DF

Reducing the duration of full employment insurance benefits

Increasing statutory minimum wages

Providing relocation subsidies to unemployed workers

None of the above policies would work to reduce frictional unemployment

Answer is:

Answer is:

1/(kY)

Answer is:

A: the money supply B: inflation

A: the money supply B: GDP growth

A: inflation B: GDP growth

A: inflation B: the effective exchange rate

Answer is: