Which of the Following Statements About Unemployment Is True

question 207

Multiple Choice

Which of the following statements about unemployment is true?

• A)There is only one kind of unemployment.
• B)Some unemployment exists even when the economy is healthy and growing.
• C)Unemployment and inflation are not related.
• D)People who are willing and able to work but have given up the search for a job are considered unemployed.
• E)Voluntary unemployment refers to a situation in which people who really do not want to work only pretend to look for jobs.

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Definitions:

Training

The process of enhancing the skills, capabilities, and knowledge of employees for the improvement of their performance.

Working Conditions

The environment, including physical and psychological aspects, in which employees carry out their job duties.

Compensating Wage Differentials

Wage differences that compensate workers for risk, unpleasant working conditions, and other undesirable nonpecuniary aspects of a job.

Non-pecuniary Job Benefits

Non-pecuniary job benefits are perks or advantages of employment that do not involve direct monetary payment, such as a flexible working schedule or health insurance.