Which of the Following Policies Would Reduce Structural Unemployment

question 79

Multiple Choice

Which of the following policies would reduce structural unemployment?

• A)an increase in the minimum wage
• B)a job retraining program
• C)implementing an unemployment insurance policy
• D)building an online job database that helps workers find jobs

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Definitions:

Money Supply

The entirety of monetary resources accessible in an economy during a specific period.

Rational

Characterized by clear and logical thinking, often with regard to fulfilling one's personal goals or making decisions based on empirical evidence and reasoning.

Unemotional Self-interest

Refers to actions motivated purely by personal gain without regard to emotions or moral considerations.

Q

Generally denotes quantity in economic and mathematical models, referring to the amount of goods or services.