Long-term unemployment tends to be higher when the government I. raises job security. II. raises hiring and firing costs. III. lowers restrictions for firms to adjust work hours.

Question

Quizplus · Accepted Answer

Raising job security and hiring and firing costs can make firms more hesitant to hire, leading to higher long-term unemployment. Lowering restrictions for firms to adjust work hours can increase flexibility and potentially reduce unemployment.

Long-Term Unemployment Tends to Be Higher When the Government I