Which of the Following Would Increase the Unemployment Rate

question 4

Multiple Choice

Which of the following would increase the unemployment rate?

• A)a law making it illegal to work more than 35 hours per week
• B)a cut in unemployment compensation
• C)an increase in unemployment insurance payments
• D)a decrease in the minimum wage

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Definitions:

Primary Shopper

The individual in a household or entity who is responsible for the majority of shopping decisions and purchases.

Disposable Income

The amount of income left for spending or saving after taxes have been deducted.

Psychosocial Factors

Elements that involve psychological and social aspects influencing individual behavior and well-being.

Free Trade Zone

A designated area within a country where goods can be imported, stored, handled, manufactured, or reconfigured without being subject to the country's standard import duty regulation.