All of the Following Except One Are Valid Explanations of Why

question 45

Multiple Choice

All of the following except one are valid explanations of why the natural rate of unemployment is now higher than it was twenty-five years ago.Which is the exception?

• A)Wage rates are now much higher than they were in the past.
• B)Unemployment benefits are higher than in the past.
• C)People are taking longer to search for a new job.
• D)More females are participating in the labour force than in the past.

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Definitions:

Pension Plan Rules

Regulations and policies that govern how a pension plan operates, including eligibility, contributions, and benefits.

Roth IRA Contributions

Money put into a Roth IRA retirement account that has already been taxed at the current rate, meaning withdrawals in retirement are tax-free.

AGI

Adjusted Gross Income, which is gross income minus adjustments and is used to determine how much of your income is taxable.

Deductible IRA Contribution

A contribution to an Individual Retirement Account that can be deducted from gross income, reducing taxable income.