An Increase in Output Will Cause the Unemployment Rate to Fall

question 334

Multiple Choice

An increase in output will cause the unemployment rate to fall by a larger percentage if

• A) firms are holding excess labor.
• B) firms aren't holding excess labor.
• C) firms have their workers work more overtime.
• D) firms hire workers who were already employed by other firms to work for them part-time.

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Definitions:

Obedience to Authority

involves following the commands or instructions of someone in a position of power or authority.

Milgram

Refers to Stanley Milgram, a psychologist known for conducting experiments on obedience to authority figures, illustrating how people are willing to obey orders that conflict with their personal conscience.

Public Restroom

A restroom that is available to the general public, often found in places like parks, restaurants, and shopping centers.

Hand Washing

The act of cleaning hands with soap and water or hand sanitizer to remove dirt, germs, and bacteria, preventing the spread of infections and diseases.