Author Question: Which of the following has a tendency to raise the unemployment rate? A) reducing unemployment ... (Read 58 times)

james9437 · **on:** Jun 29, 2018

Which of the following has a tendency to raise the unemployment rate?

A) reducing unemployment insurance in an economy
B) offering wages at the market-clearing rate
C) implementing a minimum wage in an economy
D) reducing labor union membership in an economy

Question 2

When the value of a currency is determined ________, the exchange rate system is defined as a floating exchange rate system.

A) by its issuing government, with occasional readjustments in value
B) only by supply and demand
C) by its issuing government
D) mostly by supply and demand, but with occasional government intervention