Which of the Following Policies Could the Government Implement to Reduce

question 79

Multiple Choice

Which of the following policies could the government implement to reduce cyclical unemployment?

• A)retraining programs for chronically unemployed people
• B)a national "job bank" listing available jobs throughout the country
• C)relocation allowances to move unemployed people around the country
• D)expansionary monetary policy
• E)contractionary monetary policy

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Definitions:

Mirror Image Rule

A principle in contract law stating that an offer must be accepted exactly without modifications; any changes negate the original offer and create a counteroffer.

Modified

Changed or altered from its original form or condition.

Without Reserve

In an auction context, it refers to the selling of items without any minimum bid requirement, allowing the sale to the highest bidder regardless of the bid amount.

Auctioneer

A person authorized to conduct auctions, responsible for accepting bids and declaring goods sold.