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    Principles of Macroeconomics Study Set 8
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    Exam 15: Unemployment: The Theory of Efficiency Wages
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    If There Were No Factors Keeping Wages from Reaching Equilibrium
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If There Were No Factors Keeping Wages from Reaching Equilibrium

Question 18

Question 18

Multiple Choice

If there were no factors keeping wages from reaching equilibrium then there would be no


A) cyclical unemployment.
B) frictional unemployment.
C) structural unemployment.
D) natural rate of unemployment.

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