One way for governments to try and minimize the effects of structural unemployment is to:
A. subsidize retraining programs.
B. mandate employers cannot fire anyone.
C. increase unemployment benefits.
D. All of these are ways that would minimize the effects of structural unemployment.
Answer: A
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The country in which a form of industrial organization in which a group of companies own stock in each other and has a bank that owns stock in each firm is
A) the United Kingdom. B) the United States. C) Japan. D) Germany.
Shoeleather costs arise when higher inflation rates induce people to
a. spend more time looking for bargains. b. spend less time looking for bargains. c. hold more money. d. hold less money.
Our natural unemployment rate is most closely related to
A. frictional unemployment. B. seasonal unemployment. C. structural unemployment. D. full employment.
Diseconomies of scale:
A. are synonymous with increasing returns. B. are synonymous with diminishing returns. C. pertain to the long run. D. pertain to the short run.