Employers Often End Up Laying Off More Workers During a Recession

question 69

Multiple Choice

Employers often end up laying off more workers during a recession because of ________.

• A) flexible wages
• B) downward rigidity of wages
• C) higher corporate taxes
• D) a tight monetary policy

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Definitions:

Aversion Therapy

A form of psychological treatment where undesirable behaviors are reduced by associating them with unpleasant stimuli.

Contingency Management

A behavioral therapy technique that rewards or punishes individuals for their behaviors, often used in addiction treatment to encourage sobriety.

Detoxification Procedures

Medical or therapeutic measures taken to remove toxic substances or effects of substances from a person's body, commonly associated with substance abuse recovery.

Withdrawal Symptoms

Physical or mental symptoms that occur after stopping or reducing intake of a substance that was used regularly.