Asked by Victoria Rodriguez on Jun 29, 2024

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Which of the following is a criterion of a good economic condition in the general environment?

A) the rising income inequality among the working class
B) the low unemployment rate in the society
C) the introduction of new developments in the technological areas
D) the introduction of carbon neutral methods for sustainable development
E) the occurrence of long-term joblessness among the people of the society

Economic Condition

The state of an economy at a given time, including factors such as growth rate, inflation, employment levels, and overall economic health.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment.

Income Inequality

The unequal distribution of income within a population, often measured by various statistical tools and indicative of economic disparity.

  • Recognize and elucidate the economic factors influencing the functioning of businesses.
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PS
Patrycja SzymikJul 01, 2024
Final Answer :
B
Explanation :
A low unemployment rate indicates good economic conditions as more people are employed and contributing to the economy. A rising income inequality, long-term joblessness, and the introduction of carbon neutral methods for sustainable development are important issues but do not necessarily indicate the current economic conditions. The introduction of new developments in technological areas may also indicate good economic conditions, but it is not a strong enough indicator on its own.