Income Lost by the Unemployed Is an Example of the ________

question 153

Multiple Choice

Income lost by the unemployed is an example of the ________ cost of unemployment, while the additional spending to control crime is an example of the ________ cost of unemployment.

• A)social; psychological
• B)economic; social
• C)economic; psychological
• D)psychological; economic

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Definitions:

Idea Creation

The process of generating novel and useful concepts, often involving creativity, critical thinking, and collaboration.

Feasibility Determination

The process of assessing the practicality and viability of a proposed project or system.

Organizational Cultural Lag

Organizational cultural lag is a condition in which dominant cultural patterns are inconsistent with new emerging innovations.

Cultural Patterns

The shared beliefs, norms, behaviors, and values that are consistent among members of a society or organization.