Which Pair of Policies Is Likely to Reduce the Natural

question 269

Multiple Choice

Which pair of policies is likely to reduce the natural rate of unemployment?

• A) job training and employment subsidies
• B) high minimum wages and generous unemployment benefits
• C) job training and higher minimum wages
• D) employment subsidies and policies designed to strengthen labor unions

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Definitions:

Employee Skills

The abilities and expertise that employees possess, which enable them to perform their job functions effectively and contribute to achieving organizational goals.

Knowledge Pool

The collective expertise, information, and skills available within an organization or community.

Employee Engagement

The emotional commitment an employee has to their organization and its goals, leading to higher levels of job performance.

Career Progress

The advancement or professional development of an individual within their chosen career path, often involving promotions or learning new skills.