Which of the Following Is Most Likely to Reduce Structural

question 103

Multiple Choice

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

• A) a reduction in wage rates 
• B) increasing efficiency of the job search by providing applicants with better information about local job openings 
• C) retraining workers in marketable skills 
• D) reducing the cost of job loss through enhanced unemployment compensation

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Definitions:

Interim Financial Report

Financial statements that are issued for periods shorter than a fiscal year, typically quarterly, providing investors and others with an update on a company's financial health.

Gross Profit

The difference between revenue and the cost of goods sold, indicating the profitability of a company's core activities.

Revenue Test

An analysis or criterion used to determine whether a particular source of income qualifies as revenue for accounting or tax purposes.

Profit Or Loss Test

A financial metric used to determine if a business transaction resulted in making a profit or incurring a loss.