Which of the Following Is an Economic Cost of Unemployment

question 136

Multiple Choice

Which of the following is an economic cost of unemployment?

• A) The extra leisure time available
• B) The increase in short-run output that results in higher unemployment
• C) The psychological cost of not having a job
• D) The cost of having to count the unemployed
• E) The opportunity cost of lost output

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Definitions:

Account Objective

The specific goals a company aims to achieve with a particular customer or account, such as increasing sales or enhancing relationships.

Market Quota

A specific volume of sales target set for a product or service in a particular market within a specific time frame.

Derived Demand

A demand for a product or service that arises from the demand for another product or service.

Multivariable Account Segmentation

A marketing approach that divides a market into subgroups based on multiple factors such as customer needs, demographics, and behavioral traits, allowing for targeted marketing strategies.