For society, the greatest cost of unemployment is:

Name: For society, the greatest cost of unemployment is:
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Question

Quizplus · Accepted Answer

The greatest cost of unemployment for society is lost output as it represents the loss of potential goods and services that could have been produced and consumed, leading to a decrease in the standard of living for all members of society. Increased crime rates, drug use, and family break-ups can all be consequences of unemployment, but they are not the greatest cost.

For Society, the Greatest Cost of Unemployment Is