Which of the Following Is Not a Cost of Unemployment

question 121

Multiple Choice

Which of the following is not a cost of unemployment?

• A)Unemployed individuals suffer a loss of income.
• B)Unemployed individuals are more likely to have emotional or psychological problems.
• C)Unemployed individuals can lose their job skills over time.
• D)Unemployment causes production to decrease from what it could be.
• E)The opportunity cost of unemployment is a higher inflation rate.

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Definitions:

Fair Market Value

Refers to the price at which an asset would trade in a competitive auction setting, reflecting its value in the eyes of both buyer and seller.

Damages

Compensation sought by or awarded to a party in a lawsuit for losses or injuries incurred due to another party's actions or negligence.

Pleasure Marriage

A temporary marriage contract, recognized in some cultures or religions, primarily aimed at legalizing sexual relations for a determined period.

Premarital Contract

An agreement between individuals planning to marry that outlines the management of their assets and financial matters upon marriage.