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.The presence of​ efficiency, minimum and union wages A. cannot explain job rationing because they are...

.The presence of​ efficiency, minimum and union wages A. cannot explain job rationing because they are a natural part of the economy. B. does not effect job rationing because they affect only the amount of job search. C. can explain job rationing because they raise the real wage rate above equilibrium. D. can explain job rationing because they lower the natural unemployment rate. E. can explain job rationing because they lower the real wage rate below equilibrium.

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The correct answer is option c that is can explain job rationing because they raise the real wage rate above equilibrium as job rationing happens when the real wage rate is above the full employment equilibrium level and so these factors help explain job rationing.

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