Employees who are employed for longer periods tend to have greater skills, greater productivity and higher wages.American workers tend to retire later and have fewer spells of long unemployment.This is due to
A)less generous payments for unemployment.
B)fewer regulations around firms' abilities to fire workers.
C)fewer restrictions around implementation of new technology.
D)relatively little corruption.
E)all of the above

Question

Quizplus · Accepted Answer

The given factors (less generous payments for unemployment, fewer regulations around firms' abilities to fire workers, fewer restrictions around implementation of new technology and relatively little corruption) all contribute to American workers tending to retire later and have fewer spells of long unemployment. These factors encourage longer-term employment and skill development among employees, leading to greater productivity and higher wages.

Employees Who Are Employed for Longer Periods Tend to Have