Which of the Following Is Most Likely to Reduce 'Structural

question 108

Multiple Choice

Which of the following is most likely to reduce 'structural unemployment'?

• A)lowering interest rates to stimulate investment
• B)advertising job opportunities on the Internet to improve communication between employers and job seekers
• C)reducing unemployment benefits to workers who do not actively seek employment
• D)the establishment of vocational training centres to help unemployed people learn marketable skills

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Definitions:

Economic Growth

A growth in an economy's ability to generate goods and services over different time periods.

Standard Workweek

Refers to the officially set or commonly accepted number of working hours per week for full-time employment in a specific jurisdiction or organization.

Military Spending

Financial allocations by a government for the maintenance and development of its armed forces and defense-related activities.

GNP

Gross National Product, the total value of goods and services produced by the residents of a country within a specific time period.