Unemployment results in an economic loss for society because it causes:
A) people to work harder than they would like.
B) prices on available goods and services to increase.
C) more resources than necessary to be hired when the unemployment ends.
D) the actual output of goods and services to be less than the possible, or potential, output.
Correct Answer:
Verified
Q5: The Employment Act of 1946:
A) provides tax
Q6: In the Employment Act of 1946, the
Q7: The economic term for a resource that
Q8: When economists refer to unemployed resources they
Q9: Which of the following is NOT a
Q11: Which of the following statements about the
Q12: Unemployment is a matter of concern to
Q13: Being unemployed can:
A) cause a person to
Q14: Which of the following statements is true?
A)
Q15: According to Application 4.1, "What's at Stake
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