Which of the Following Best Explains Why a Certain Amount

question 56

Multiple Choice

Which of the following best explains why a certain amount of unemployment may be socially desirable?

• A)When some workers become unemployed it provides a chance for others in the labour force to become employed.
• B)Unemployed workers are able to benefit from employment insurance.
• C)The time spent unemployed by the worker is valuable for finding the most appropriate match with firms.
• D)A pool of unemployed workers drives down the average wage in the economy,and keeps workers from becoming greedy.
• E)A pool of unemployed workers provides an incentive to those employed to remain productive.

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Definitions:

Aristotle's Virtues

A set of qualities Aristotle believed were important for achieving a good life, emphasizing moral character and the golden mean.

Wisdom

The ability to apply knowledge, experience, understanding, and common sense in a thoughtful and prudent manner.

Effect Theorists

Individuals or scholars who focus on the consequences or outcomes of actions as the basis for assessing their moral or ethical value.

Character

Represents the ethical and moral qualities or traits inherent in an individual or described within narratives.