Structural Unemployment Is Best Reduced by

question 25

Multiple Choice

Structural unemployment is best reduced by

• A) job training programs to retool workers with new skills.
• B) improved job-market information.
• C) an increasing unemployment compensation benefits.
• D) offering above equilibrium wages to attract workers.

---

Definitions:

Government Bailouts

Financial assistance given by a government to a failing business or sector, intended to prevent widespread economic disruption.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's market price.

Equilibrium Price

The price in the market where the amount of products available matches the amount of products wanted by consumers.

Deforestation

The clearing or thinning of forests by humans to make the land available for other uses, such as agriculture, logging, or mining, often leading to environmental concerns.