An Economist Claims That Changes in Information Technology and Unemployment

question 39

Multiple Choice

An economist claims that changes in information technology and unemployment insurance have reduced unemployment.Which of these changes affect frictional unemployment?

• A)both the changes in information technology and unemployment insurance
• B)only the changes in information technology
• C)only the changes in unemployment insurance
• D)neither the changes in information technology nor the changes in unemployment insurance

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Definitions:

Held-to-maturity

A classification for investment securities that a company has the intent and ability to hold until they mature, typically applicable to debt securities.

Bond Investment

A form of investment where an investor loans money to an entity, typically corporate or governmental, which borrows the funds for a defined period at a fixed interest rate.

Other Comprehensive Income

This includes revenues, expenses, gains, and losses that are excluded from net income on the income statement.