What Would Be the Most Likely Effect of an Increase

question 107

Multiple Choice

What would be the most likely effect of an increase in the world price of oil, which would create a sectoral shift?

• A) There would be a decrease in unemployment, and the decrease would be greater in a country with unemployment insurance than in one without.
• B) There would be a decrease in unemployment, but the decrease would be smaller in a country with unemployment insurance than in one without.
• C) There would be an increase in unemployment, and the increase would be greater in a country with unemployment insurance than in one without.
• D) There would be an increase in unemployment, but the increase would be smaller in a country with unemployment insurance than in one without.

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Definitions:

Antagonistically

In a manner that shows active opposition or hostility towards someone or something.

Patient Satisfaction

The degree to which patients are happy with their healthcare, including the quality of medical services, and their experiences with healthcare providers and facilities.

Authority

The prerogative to command, settle decisions, and enforce acquiescence.

Influencing

The capacity or power to affect others’ beliefs, attitudes, or actions by various means, including persuasion, social pressure, or leadership traits.