Which One of the Following Would Likely Reduce the Level

question 148

Multiple Choice

Which one of the following would likely reduce the level of structural unemployment?

• A)increasing the minimum wage to encourage more people to work
• B)increasing the level of union bargaining power
• C)limiting unemployment insurance benefits
• D)strengthening restrictions on who can be licensed to enter certain professions

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Definitions:

Net Earnings

The amount of income left after deducting taxes, benefits, and other expenses from gross earnings; often referred to as take-home pay.

Financial Support

Monetary assistance provided to an individual or organization to help cover expenses.

Employee

An individual who works for another person or business in exchange for compensation.

Dependent

A person who relies on another, especially a family member, for financial support.