Which of the Following Has a Tendency to Raise the Unemployment

question 53

Multiple Choice

Which of the following has a tendency to raise the unemployment rate?

• A)implementing a minimum wage in an economy
• B)reducing unemployment insurance in an economy
• C)offering wages at the market-clearing rate
• D)reducing labor unions membership in an economy

Recognize the role of decentralization in organizational control and operations.

Understand the concept of controllable margin and its use in profit center evaluations.

Distinguish between cost centers and profit centers and their evaluative metrics.

Identify and differentiate between variable, fixed, and controllable costs.

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Definitions:

Tolerance

The willingness to accept and permit beliefs or practices that one may disagree with or find undesirable.

Constantly Comparing

The habitual act of comparing oneself to others in various aspects of life.

Motivate

To provide a reason, incentive, or encouragement for someone to act or behave in a particular way.

Achievement

Achievement refers to something accomplished, particularly by superior ability, special effort, great courage, or a notable feat, often recognized because of its significance.