Which of the Following Lowers Frictional Unemployment

question 292

Multiple Choice

Which of the following lowers frictional unemployment?

• A)more young people in the economy
• B)decreasing unemployment benefits
• C)increasing the pace of technological change
• D)increasing the minimum wage
• E)None of the above answers are correct because all of the answers raise frictional unemployment.

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Definitions:

Underlying Principles

The fundamental ideas or theories that form the basis for a system, practice, or technique.

Behavioural Management Approaches

Management strategies focusing on understanding and influencing employee behavior through motivation, leadership, and group dynamics.

Management Thinking

The process of planning, controlling, and making decisions to efficiently and effectively achieve organizational goals.

Maslow's Theory

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to self-actualization, affecting motivation and personal development.