Structural Unemployment Will Decrease When

question 46

Multiple Choice

Structural unemployment will decrease when:

• A)the minimum wage is increased.
• B)the minimum wage is decreased.
• C)unemployment insurance benefits are increased.
• D)union wages are increased.

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Definitions:

Days' Sales

A financial metric that compares a company's average receivables to its average daily sales, indicating how fast the company collects payments from customers.

Inventory

The total quantity of goods and materials a business holds for the purpose of resale or production.

Cost of Goods Sold

The total cost of manufacturing or purchasing the products a company has sold during a specific period.

Return Ratio

A measure of the profitability or effectiveness of an investment, calculating how much returns are gained relative to the investment's cost.