Which of the Following Statements About Structural Unemployment Is True

question 141

Multiple Choice

Which of the following statements about structural unemployment is true?

• A) Structural unemployment can be eliminated through government intervention.
• B) Structural unemployment is equal to zero when the economy is in an expansion.
• C) Structural unemployment cannot be eliminated.
• D) Structural unemployment is not a burden on household incomes.
• E) Structural unemployment is unhealthy for the long-run growth of an economy.

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Definitions:

Effective-Interest Method

An accounting method to amortize the discount or premium on bonds payable or receivable over the bond's life, reflecting a constant rate of interest.

Market Rate

The current price or interest rate at which a good, service, or financial asset can be bought or sold in a competitive market.

Journal Entry

An accounting transaction entered into a ledger that denotes the financial activities of a company.

Statement of Cash Flows

A summary statement which tracks all cash inflows to a company from its regular business operations and funds received from investments, plus all cash outflows for paying business and investment costs within a certain period.