Which of the Following Groups Generally Has the Lowest Unemployment

question 90

Multiple Choice

Which of the following groups generally has the lowest unemployment rate?

• A)High school dropouts.
• B)High school graduates with no further education.
• C)College dropouts.
• D)College graduates.

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Definitions:

Consumption Tax

A tax levied on the purchase of goods and services, which can include value-added tax (VAT), sales tax, or excise taxes.

Income Tax

A tax that governments impose on income generated by businesses and individuals within their jurisdiction.

Aggregate Demand

The total demand for all goods and services in an economy at a given overall price level and within a specified time period.

Aggregate Demand

Total economic demand for goods and services within an economy, calculated at a fixed price level during a designated time frame.