Asked by Sylvia Joseph on May 12, 2024
Verified
Which of the following is not a cost of unemployment?
A) A loss of income
B) Emotional or psychological problems
C) Loss of job skills
D) A decrease in production
E) Higher annual inflation rates
Cost of Unemployment
The cost of unemployment includes the direct and indirect economic losses and social impacts resulting from high levels of joblessness.
Emotional Problems
Issues related to an individual's emotional well-being, potentially impacting their mental health and daily functioning.
Annual Inflation Rates
The percentage increase in the general price level of goods and services in an economy over a year.
- Ascertain the economic and communal repercussions of being unemployed.
Verified Answer
Learning Objectives
- Ascertain the economic and communal repercussions of being unemployed.
Related questions
Anne Is an Accountant Who Lost Her Job in the ...
Discouraged Workers Comprise the Percentage of Those in The ...
The Natural Rate of Unemployment Is the Same as the ...
Friedman and Phelps Believed That the Natural Rate of Unemployment ...
Given the Following Information,compute the Unemployment Rate: 6 Million Unemployed,124 ...