Which of the Following Does Not Represent a "Labor Market

question 29

Multiple Choice

Which of the following does not represent a "labor market rigidity" to which critics refer when discussing unemployment in Europe?

• A)generous unemployment insurance
• B)restrictive monetary and fiscal policies
• C)a high degree of employment protection
• D)relatively high minimum wages
• E) none of the above

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Definitions:

Acquisition

The process of obtaining ownership or control of something, often through purchase.

Extinction

In psychology, the gradual weakening of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Classical Conditioning

A method of learning wherein two stimuli are continually coupled; over time, the reaction initially incited by the second stimulus comes to be incited by the first stimulus alone.

Acquisition

Acquisition in the context of psychology refers to the initial stage of learning when a response is first established or a new skill is begun to be acquired.