Government Policies Directed at Reducing Frictional Unemployment Include

question 3

Multiple Choice

Government policies directed at reducing frictional unemployment include:

• A) abolishing minimum-wage laws.
• B) making unemployment insurance 100 percent experience rated.
• C) increasing the earned income credit.
• D) making government part of the union-firm wage bargaining process.

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Definitions:

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety or guilt by denying or distorting reality.

Rationalization

A psychological strategy where disputable actions or emotions are rationalized in an ostensibly logical way to evade acknowledging their real reasons.

Freud

Sigmund Freud, an Austrian neurologist and the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Self-Transcendence

A psychological or philosophical perspective involving the overcoming of the limits of the individual self and the pursuit of broader significance in life.