Structural Unemployment May Result from All of the Following Factors

question 178

Multiple Choice

Structural unemployment may result from all of the following factors EXCEPT

• A)union wage contracts.
• B)government-imposed licensing arrangements that restrict entry into certain professions.
• C)improved elementary and secondary education.
• D)welfare and unemployment benefits.

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Definitions:

Motorcycles

Two-wheeled vehicles powered by an engine, designed for individual or small number passenger transport.

Opportunity Cost

The value of the next best alternative foregone as the result of making a decision.

Sailboats

Sailboats are vessels propelled partly or entirely by sails and are used for navigation, racing, or recreation.

Surfboards

Sporting equipment used in the sport of surfing, designed to ride waves by standing or lying on them.