Which of the Following Policies Could the Government Implement to Reduce

question 5

Multiple Choice

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

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

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Definitions:

Group Members

Individuals who are part of a collective or organization, sharing common interests, goals, or characteristics.

Imposed Solution

A resolution to a disagreement or dispute that is dictated or enforced by an authority or external party, not by mutual agreement of the involved parties.

Mediation

A process where a neutral third party assists disputing parties in reaching a mutually acceptable agreement.

Surrender Control

The act of willingly giving up authority or power over a situation to another party.