Which one of the following would likely reduce the level of structural unemployment?
A. increasing the level of union bargaining power
B. reducing unemployment insurance benefits
C. increasing the minimum wage to encourage more people to work
D. strengthening restrictions on who can be licensed to enter certain professions
Answer: B
You might also like to view...
Bobby spends $100 per month on pizza and CDs. His utility from these goods is shown in the table above. The price of a pizza is $10 and the price of a CD is $20. Bobby currently buys 6 pizzas and 2 CDs. To maximize his utility, he should
A) buy more pizza and fewer CDs. B) buy more CDs and fewer pizza. C) buy more of both goods. D) stay with the current combination of goods.
Economist Jeffrey Sachs' big push theory involves:
A. a concerted effort in many areas to break the poverty trap. B. giving a one-time large amount of aid upfront, ending the need for future aid. C. developed nations concertedly pushing developing nations into following certain beneficial policies. D. developed nations pushing away less developed nations as trading partners because in general less developed nations cannot offer any benefits to developed nations.
The system of measurement for expressing macroeconomic data is called
a. national income accounting. b. balance of payment accounting. c. generally accepted accounting principles. d. double entry bookkeeping.
? You are considering buying a store. The store owner shows you sales figures of the store on a “typical” day. The owner has most likely shown you figures for
a. The less productive day
b. The more productive day
c. Any typical day
d. All the days that the store was owned by him