Author Question: In a frictionless labor market: A) there is always a shortage of workers. B) the wage adjusts ... (Read 64 times)

fbq8i · **on:** Jun 30, 2018

In a frictionless labor market:

A) there is always a shortage of workers.
B) the wage adjusts instantly to clear the market.
C) there is always a surplus of workers.
D) the ongoing wage rate does not change for long periods of time.

Question 2

The Federal Reserve is ________ the U.S. Treasury.

A) under the control of B) independent of
C) a part of D) a creation of