A certain amount of unemployment may be socially desirable because.. O a. A pool of unemployed workers provides an incentive to those employed to remain productive. O b. A pool of unemployed workers drives down the average wage in the economy and keeps workers from becoming greedy. O c. Unemployed workers are able to benefit from employment insurance. O d. When some workers become unemployed, it provides a chance for others in the labour force to become employed. O e. The time the worker spends unemployed is valuable for finding the most appropriate match with firms.

A certain amount of unemployment may be socially desirable because.. O a. A pool of unemployed workers provides an incentive to those employed to remain productive. O b. A pool of unemployed workers drives down the average wage in the economy and keeps workers from becoming greedy. O c. Unemployed workers are able to benefit from employment insurance. O d. When some workers become unemployed, it provides a chance for others in the labour force to become employed. O e. The time the worker spends unemployed is valuable for finding the most appropriate match with firms.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A certain amount of unemployment may be
socially desirable because...
O a. A pool of unemployed workers provides
an incentive to those employed to remain
productive.
O b. A pool of unemployed workers drives
down the average wage in the economy
and keeps workers from becoming
greedy.
O c. Unemployed workers are able to benefit
from employment insurance.
O d. When some workers become
unemployed, it provides a chance for
others in the labour force to become
employed.
O e. The time the worker spends unemployed
is valuable for finding the most
appropriate match with firms.

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