Except During Recessions, Workers in Canada Are Eligible for Unemployment

question 94

Multiple Choice

Except during recessions, workers in Canada are eligible for unemployment benefits for about twice as long a period of time as workers in the United States.As a result,

• A)the average duration of unemployment is longer in the United States than in Canada.
• B)the unemployment rate in Canada is usually higher than in the United States.
• C)the opportunity cost of job search in Canada is lower than in the United States.
• D)frictional unemployment is higher, on average, in the United States than in Canada.
• E)cyclical unemployment is higher, on average in Canada than in the United States.

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Definitions:

Efficiency

The ratio of useful output to total input, referring to the effective use of resources without waste.

Skill-Based Pay

A compensation system that establishes pay levels based on the skills or qualifications an employee possesses, rather than the job position alone.

Quality Circle

A voluntary group of workers who perform the same or similar work, who meet regularly to identify, analyze, and solve work-related problems, aiming to improve the performance of their area and to enhance their own working lives.

Worker Involvement

The practice of involving employees in decision-making processes and operational tasks to boost morale, productivity, and engagement.