Which of the Following Is Not a Valid Argument Against

question 28

Multiple Choice

Which of the following is not a valid argument against labor market deregulation?

• A) deregulation produces income inequality
• B) deregulation reduces wages
• C) deregulation leads to crime
• D) active labor market spending may be equally or more effective at reducing unemployment than deregulation
• E) deregulation restricts employer choices

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Definitions:

Credit Policy

A set of guidelines that a company uses to determine the creditworthiness of customers and the terms under which it will extend credit.

DSO

Days Sales Outstanding (DSO) represents the average duration in days for a business to receive payment following a sale.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Credit Sales

Transactions where the goods or services are provided to a customer with an agreement that payment will be made at a later date.