According to Application 4.1, "What's at Stake When a Job is Lost?":
A) the loss of a job typically has no effect on a household's sense of economic security.
B) the effect of the loss of a job is typically overstated because most people do not particularly like their work.
C) the loss of a job can lead to noneconomic problems, such as depression and divorce, as well as to economic problems.
D) because of government unemployment payments, the damage to economic security caused by the loss of a job is relatively small.

Question

Quizplus · Accepted Answer

The loss of a job can lead to significant noneconomic problems, such as depression and divorce, in addition to economic difficulties, highlighting the broad impact job loss can have on individuals' lives beyond just financial aspects.