Job rationing ________. A. increases the natural unemployment rate B. has no effect on the natural unemployment

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Job rationing ________.

A. increases the natural unemployment rate

B. has no effect on the natural unemployment rate

C. increases labor turnover as firms compete for high quality labor

D. decreases the demand for labor, which lowers the real wage rate

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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