QuestionJune 1, 2025

4 Select the correct answer. How does a low unemployment rate affect a nation's economy? A. The nation has a higher number of productive resources. B. The nation can spend more money on help for unemployed people. C. The nation can save money by paying lower salaries to a large workforce.

4 Select the correct answer. How does a low unemployment rate affect a nation's economy? A. The nation has a higher number of productive resources. B. The nation can spend more money on help for unemployed people. C. The nation can save money by paying lower salaries to a large workforce.
4
Select the correct answer.
How does a low unemployment rate affect a nation's economy?
A. The nation has a higher number of productive resources.
B. The nation can spend more money on help for unemployed people.
C. The nation can save money by paying lower salaries to a large workforce.

Solution
4.7(232 votes)

Answer

None of the options correctly describe how a low unemployment rate affects a nation's economy. Explanation 1. Analyze the impact of low unemployment A low unemployment rate typically indicates that most people who want to work are employed, leading to increased productivity and economic growth. 2. Evaluate each option A. Incorrect - Low unemployment doesn't necessarily mean more productive resources; it means existing resources are being utilized. B. Incorrect - With low unemployment, there is less need for spending on unemployment benefits. C. Incorrect - Low unemployment often leads to higher wages due to demand for workers.

Explanation

1. Analyze the impact of low unemployment<br /> A low unemployment rate typically indicates that most people who want to work are employed, leading to increased productivity and economic growth.<br /><br />2. Evaluate each option<br /> A. Incorrect - Low unemployment doesn't necessarily mean more productive resources; it means existing resources are being utilized.<br /> B. Incorrect - With low unemployment, there is less need for spending on unemployment benefits.<br /> C. Incorrect - Low unemployment often leads to higher wages due to demand for workers.
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