Which of the Following Is Not Correct

question 32

Multiple Choice

Which of the following is not correct?

• A)Frictional unemployment is inevitable in a dynamic economy.
• B)Although the unemployment created by sectoral shifts is unfortunate,in the long run such changes lead to higher productivity and higher living standards.
• C)Workers tend to move to jobs where they are most valued.
• D)Churning of the labor force signals that the economy is functioning poorly.

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Definitions:

Belief Perseverance

The phenomenon where people hold onto their beliefs even when faced with evidence that contradicts or disproves them.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by reducing complex problem solving to simpler judgment processes.

Unscrambling

The process of rearranging letters or elements to restore them to a coherent or original order.

Defensive Strategy

A plan or course of action designed to protect oneself or an organization from criticism, harm, or other adverse effects.