Which of the Following Elements Reduces Structural Unemployment

question 161

Multiple Choice

Which of the following elements reduces structural unemployment?

• A) the enhancement of worker retraining programs
• B) the extension of unemployment benefits
• C) the growth of labor unions
• D) the existence of employment protection laws

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for financing payroll, accounts payable, and other short-term liabilities.

Maturity

Maturity refers to the date on which the principal or final payment is due on a debt instrument, after which the debt is considered repaid.

Futures Position

A contractual obligation to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Underlying Commodity

The basic physical asset upon which futures contracts and derivatives are based.