If a government provides substantial benefits to the unemployed while they look for work, it reduces the ______ of being unemployed.

Fill in the blank(s) with the appropriate word(s).

Ans: Opportunity cost

Economics

You might also like to view...

Offering goods that are similar to competitors' products but more attractive in some ways is called:

A. product distinction. B. product differentiation. C. price-point pinning. D. deceptive advertising.

Economics

Which of the following is NOT a fundamental objective for the performance of a country's macroeconomy?

A. A reasonable and sustainable balance of payments with the rest of the world B. Interest rates C. Full employment of resources D. Price stability

Economics