Which of the following is not a cost of unemployment?
A)Unemployed individuals suffer a loss of income.
B)Unemployed individuals are more likely to have emotional or psychological problems.
C)Unemployed individuals can lose their job skills over time.
D)Unemployment causes production to decrease from what it could be.
E)The opportunity cost of unemployment is a higher inflation rate.

Question

Quizplus · Accepted Answer

The opportunity cost of unemployment is not a higher inflation rate. While unemployment can lead to other economic costs such as lost income and decreased production, it does not directly impact inflation rates.

Which of the Following Is Not a Cost of Unemployment