Which of the following is a sign of a well-functioning labor market?
A) a high degree of labor mobility (job losses and job gains)
B) a constant unemployment rate
C) equal pay for all workers
D) equal pay in all regions
E) All workers have a college education.

Question

Quizplus · Accepted Answer

A high degree of labor mobility indicates a healthy labor market because it suggests that workers can move freely between jobs, which is a sign of dynamic economic activity and opportunities for employment.

Which of the Following Is a Sign of a Well-Functioning