Which of the Following Reduces the Duration of Frictional Unemployment

question 94

Multiple Choice

Which of the following reduces the duration of frictional unemployment?

• A)retraining unemployed workers to equip them with new skills
• B)subsidizing firms that are willing to train new entrants in the labor market
• C)establishing employment agencies which give out information about job vacancies
• D)establishing labor unions which will protect workers from being laid off.

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Definitions:

Corruption

The abuse of entrusted power for private gain, which can occur in both public and private sectors, undermining trust and efficiency.

Democrats

A political party in the United States that generally emphasizes progressive policies, social equality, and a stronger role for the federal government in providing social programs.

Southern Republicans

Members or supporters of the Republican Party in the southern United States, especially significant in the context of post-Civil War political alignment and reconstruction efforts.

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved, typically through efforts that entail job creation, infrastructure improvements, and poverty alleviation.