Which of the Following Would We Predict If a Country

question 37

Multiple Choice

Which of the following would we predict if a country increases its unemployment compensation?

• A)The country would have shorter durations of each spell of unemployment, and it would have a higher unemployment.
• B)The country would have shorter durations of each spell of unemployment, and it would have a lower unemployment rate
• C)The country would have longer durations of each spell of unemployment, and it would have a higher unemployment rate.
• D)The country would have longer durations of each spell of unemployment, and it would have a lower unemployment.

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Definitions:

Research And Development (R&D)

Activities corporations or governments undertake in order to innovate and introduce new products or services; often involves significant investment in technology and skills.

Gross Domestic Product (GDP)

The value of finished goods and services produced within a country’s borders.

Skills Shortage

A difficulty finding people with the right skills to fill vacant positions.

Human Resource

The department within an organization that deals with recruitment, management, and development of its employees.