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please help: 6) Unions contribute to structural unemployment when collective bargaining results in wages: A above...

please help:

6) Unions contribute to structural unemployment when collective bargaining results in wages:

A above the equilibrium level.

B below the minimum wage.

C below the equilibrium level.

D above the level of unemployment compensation.

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Answer #1

ANswer

Option A

An above the equilibrium level.

Structural unemployment is unemployment because of a change in the structure of market or law. If union increases wages above equilibrium, then the quantity supplied of labor is higher than the quantity demanded of labor which creates structural unemployment in the market.

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