One Reason for the Rise in the Natural Rate of Unemployment

question 40

Multiple Choice

One reason for the rise in the natural rate of unemployment is

• A)changes in the demographic composition of the work force.
• B)the rise in inflation.
• C)increased competition from foreign workers.
• D)the depreciation of the dollar relative to foreign currencies.

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Definitions:

UCC

An acronym for the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Breach of Contract

occurs when one party fails to fulfill their obligations under a contract, allowing the other party to seek legal remedies.

Written Contract

is an agreement between two or more parties that has been expressed in written form and is legally enforceable.

Kitchen Cabinets

Built-in furniture found in a kitchen, used for food storage, cooking equipment, and often silverware and dishes for table service.