An Increasing Price Level and Increased Unemployment Rate Most Likely

question 167

Multiple Choice

An increasing price level and increased unemployment rate most likely come from

• A) rising input prices.
• B) higher income taxes.
• C) lower interest rates.
• D) increases in the value of the Canadian dollar.
• E) improvements in technology.

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Definitions:

Night Shift

A working shift that takes place during the nighttime, typically outside of conventional daytime working hours.

Day Shift

Typically, the work period during the daytime, often from morning to late afternoon, which can vary depending on the industry or company.

Unskilled Workers

Individuals who lack specific skills or qualifications and typically perform simple tasks that require limited training.

Skilled Workers

Individuals who have specialized training, experience, or education and are capable of performing specific tasks often requiring technical competency.