The Government Can Assist in Reducing the Level of Structural

question 165

Multiple Choice

The government can assist in reducing the level of structural unemployment by

• A) providing unemployment benefits.
• B) establishing government regulations on hiring employees.
• C) subsidizing the relocation of workers who lose their jobs.
• D) instituting a minimum-wage law.
• E) incentivizing companies to move their production overseas.

---

Definitions:

Physical Capital

Tangible assets such as buildings, machinery, and equipment used in the production of goods and services.

Productivity

The efficiency with which input resources are converted into outputs, often measured as output per hour worked.

Foreign Economies

Economies outside of a reference country or the global network of national economies interacting through international trade.

Stocks and Bonds

Financial instruments that represent ownership in a company (stocks) and loans made to an entity (bonds).