Under Samuel Gompers, the highly successful American Federation of Labor (AFL) restricted its membership to craftsmen, required members to pay high dues and garnered votes and campaign contributions for politicians supporting the labor movement.
Indicate whether the statement is true or false
Question 2
In terms of unemployment, hysteresis models try to explain why
a. cyclical unemployment is always present.
b. structural unemployment cannot be eradicated.
c. high unemployment persists even after its initial cause is long past.
d. frictional unemployment is the cause of hysteresis.
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