All but which one of the following statements about demand- deficient unemployment is true?
A)There seems to be little political will to address it.
B)Cutting taxes and lowering interest rates could help reduce it.
C)Public works spending could help reduce it.
D)It continues to be a serious problem.
E)Education and training are the best solutions for it.

Question

Quizplus · Accepted Answer

While education and training can be helpful for reducing unemployment in general, demand-deficient unemployment specifically requires addressing the lack of consumer spending in the economy. Therefore, choices A, B, and C are more relevant to reducing demand-deficient unemployment, while choice D is true but does not provide a solution. Choice E is not true as it implies that education and training are the best solution for demand-deficient unemployment.

All but Which One of the Following Statements About Demand-