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Which of the Following Is a Cost of Unemployment

question 32

Multiple Choice

Which of the following is a cost of unemployment?
I. output foregone
II. unemployment compensation that must be paid
III. rising inflation that erodes the value of money


Definitions:

Market Yield

The annual income return on an investment, expressed as a percentage of the market price.

Trading Security

A financial instrument, such as stocks or bonds, held by an entity for the purpose of selling them in the near term to generate income through price appreciation.

Voting Common Stock

Shares that give the holder the right to vote on corporate policy and make decisions affecting the company's governance.

Net Income

The ultimate financial benefit a company receives after revenue has been adjusted for expenses and taxes.

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