Which of the Following Groups Would Have the Lowest Unemployment

question 140

Multiple Choice

Which of the following groups would have the lowest unemployment rates?

• A)High-school dropouts
• B)Married men
• C)Nonwhite teenagers
• D)Nonwhite women

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Definitions:

Excess Burden

The expense incurred by society due to market inefficiency, happening when there's a mismatch between supply and demand.

Tax Revenue

The earnings achieved by governments by levying taxes.

Excess Burden

The cost to society created by market inefficiency, mainly used in the context of taxes that cause consumers and producers to alter their behavior in ways that reduce economic well-being.

Excess Burden

The cost to society created by market inefficiency, which occurs when goods or services are not produced or allocated efficiently.