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Subject
Labour Marketeconomics-mcqs › labour-market
Published
1 Jun 2019
Last updated
28 May 2026

Browse all Labour Market MCQs

Which of the following government actions is least likely to decrease the unemployment rate?

Multiple choice question for Labour Market. Select an option, then review the explanation below.

Choose the correct answer

Explanation

Options A through D involve measures that can help reduce unemployment by improving worker skills, easing labor market restrictions, or facilitating job matching. However, raising the minimum wage (Option E) can increase labor costs for employers, potentially leading to fewer job opportunities and thus may not reduce unemployment.

Practice related questions from the same subject.

  1. 1.How do unions typically contribute to widening the wage gap between union members and non-union workers?
  2. 2.Under which circumstance can unions enhance efficiency?
  3. 3.Which of the following reasons explains why companies might choose to pay efficiency wages?
  4. 4.What happens if the wage rate is set above the competitive equilibrium wage for any reason?
  5. 5.What is the typical effect of a minimum wage law on employment levels?

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