Which of the Following Statements Is Incorrect

question 70

Multiple Choice

Which of the following statements is incorrect?

• A)Demand and supply curves for labor are constantly shifting.
• B)The typical unemployment compensation in the United States is roughly half one's salary for up to 26 weeks.
• C)Unemployment compensation increases the opportunity cost of being unemployed.
• D)Unemployment compensation encourages longer job searches, which may lead to a better match between jobs and employees.

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Definitions:

Production Facility

A place or establishment where goods are manufactured or assembled.

Procurement Department

The division within an organization responsible for acquiring goods and services necessary for its operations.