A Commonly-Held Belief About the Positive Consequence of Unemployment Is

question 148

Multiple Choice

A commonly-held belief about the positive consequence of unemployment is that ________.

• A) it reduces inflationary pressures
• B) depressions are less likely
• C) social service workers benefit
• D) it motivates the workforce to be grateful for employment

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Definitions:

Long-term Debt

Financial obligations that are due for repayment beyond the current year or operating cycle.

Lease Liabilities

Financial obligations recorded on the balance sheet representing the present value of future lease payments.

Supplies

Items used in the operating activities of a business, not directly tied to the final product.

Property Plant and Equipment

Long-term tangible assets used in the operation of a business, such as buildings, machinery, and vehicles.