Increases in which of the following (could be more than one) increase the natural rate of...

Increases in which of the following (could be more than one) increase the natural rate of unemployment?

1.		Employment protection legislation
2.		Responsiveness of wage demands to unemployment.
3.		The product market power of firms.
4.		The efficiency of the hiring process in the labour market.

Expert Solution

The correct answer to this question is 1 and 3.

Increase in the employment protection legislation will increase the natural rate of unemployment. The natural rate of unemployment is maintained because people switch between jobs. The employers fire inefficient workers in order to hire more efficient people. In case of excessive regulation, the employers can't fire a person working inefficiently and reducing the production. To maintain the cost-effectiveness of the firm the firm will hire less and use more machines to do their work which would lead to increased unemployment or jobless growth.

The increasing product market power of the firm means increasing monopoly of the firm. IF the firm has a monopoly they will produce less than efficient amount of goods and hire less labor to manufacture those. This could increase the natural rate of unemployment as fewer and fewer people will be employed for producing a lesser amount of good.

Rahul Sunny answered 2 years ago

Which of the following could cause an increase in the heart rate? a. increased movement b....

Which of the following could cause an increase in the heart rate? a. increased movement b. a decrease in blood pressure c. a decrease in the pH of the blood plasma d. all of these could cause an increase in the heart rate An increase in the hydrostatic pressure at the arteriolar end of a capillary bed would cause… a. no changes in exchange rates through the capillary walls b. an increase in the amount of oxygen (O2), nutrient, and...

Should US consumers increase spending by more than the increase in personal income? Instruction: You could...

Should US consumers increase spending by more than the increase in personal income? Instruction: You could use an example from your life or another example to relate to this topic.

A) Which of the following statements are true? Note that there may be more than one...

A) Which of the following statements are true? Note that there may be more than one correct answer; select all that are true. As the p-value increases, the evidence against the null hypothesis also increases. In hypothesis testing, if the p-value is sufficiently small, then the null hypothesis can be rejected in favour of the alternate hypothesis. If the null hypothesis is true, then the p-value will always be greater than 0.1. If the null hypothesis is false, then the...

Which of the following actions will increase bank lending? Instructions: You may select more than...

Which of the following actions will increase bank lending? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. The Bank of Canada buys $400 million worth of bonds from chartered banks. The chartered banks raise the desired reserve ratio from 10 to 11 percent. The Bank of Canada lowers the bank rate from 4 to 2 percent. The Bank of...

1) Which of the following would increase GDP? a. More people walk to work rather than...

1) Which of the following would increase GDP? a. More people walk to work rather than drive cars. b. Consumers in rural areas switch from buying home heating oil to burning wood they collect on their own land. c. Farm families grow more for themselves than for the market. d. Neither the price nor the quantity of television sets changes, but the quality of sets improves. e. The amount spent on vacuum cleaners does not change, but quality decreases so...

Which of the following is an example of crowding out? a. An increase in taxes increases...

Which of the following is an example of crowding out? a. An increase in taxes increases interest rates, causing investment to fall. b. A decrease in private savings increases interest rates, causing investment to fall. c. An increase in government spending increases interest rates, causing investment to fall. d. A decrease in the money supply increases interest rates, causing investment to fall.

Which of the following statistics are unaffected by a single large outlier? (More than one) a....

Which of the following statistics are unaffected by a single large outlier? (More than one) a. Median b. Interquartile range c. Variance d. Range e. Mean f. Mode

Which of the following statements are TRUE? Note that there may be more than one correct...

Which of the following statements are TRUE? Note that there may be more than one correct answer; select all that are true. There are countably infinite values of X in a continuous uniform distribution. For a continuous uniform distribution defined on the interval [a,b], P(X < a) and P(X > b) is undefined. The mean and the variance of a continuous uniform random variable are the same. In a continuous uniform distribution, the mean and the median are the same....

Which of the following statements is true? Note that more than one of the statements may...

Which of the following statements is true? Note that more than one of the statements may be true. a. Every relation that is in 3NF is in 2NF. b. A relation that is in 2NF, and that has a non-primary-key attribute that is functionally dependent on another non-primary-key attribute is not in 3NF. c. A relation that is in 2NF, and that has a non-primary-key attribute that is transitively functionally dependent on the primary key is not in 3NF. Which...

Which of the following statements are true? There may be more than one true statement. A....

Which of the following statements are true? There may be more than one true statement. A. Any linear combination of vectors can always be written in the form Ax for a suitable matrix A and vector x. B. Every matrix equation Ax=b corresponds to a vector equation with the same solution set. C. If the echelon form of the augmented matrix [A | b][A | b] has a leading entry in every row, then the equation Ax=b is inconsistent. D....

Question