Which of the Following Policies Could the Government Implement to Reduce

question 38

Multiple Choice

Which of the following policies could the government implement to reduce frictional 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:

Medical Coverage

A type of insurance plan that covers the cost of an individual's medical and surgical expenses.

Dental Coverage

Health insurance benefits that cover costs associated with dental care, including preventative services, treatments, and surgeries.

Piece Rates

A pay system where employees are compensated based on the quantity of work they produce, usually at a fixed rate per unit produced.

Commissions

A form of payment to an employee based on completing a task or making a sale, often a percentage of the sale amount.