As a member of the Council of Economic Advisors, which policy would you NOT recommend as an option to reduce frictional unemployment? a. Implement an interview coaching program for low-income, unemployed people. b. Provide funding for state-level retraining programs. c. Subsidize job posting sites, such as Monster and Indeed. d. Raise the minimum wage.
As a member of the Council of Economic Advisors, which policy would you NOT recommend as an option to reduce frictional unemployment? a. Implement an interview coaching program for low-income, unemployed people. b. Provide funding for state-level retraining programs. c. Subsidize job posting sites, such as Monster and Indeed. d. Raise the minimum wage.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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As a member of the Council of Economic Advisors, which policy would you NOT recommend as an option to reduce frictional unemployment?
a. Implement an interview coaching program for low-income, unemployed people.
b. Provide funding for state-level retraining programs.
c. Subsidize job posting sites, such as Monster and Indeed.
d. Raise the minimum wage.
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