Asked by Sylvia Joseph on May 12, 2024

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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.
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SW
Shannon WisnoskiMay 18, 2024
Final Answer :
E
Explanation :
Unemployment can contribute to higher annual inflation rates, but it is not considered a direct cost of unemployment like the other choices. A loss of income, emotional or psychological problems, loss of job skills, and a decrease in production are all considered costs of unemployment.