An Increase in the Cost of Training to Acquire a Skill

question 174

Multiple Choice

An increase in the cost of training to acquire a skill, which must be paid by the worker,

• A)increases both the supply of and demand for labor in that market
• B)decreases both the supply of and demand for labor in that market
• C)increases the supply of labor and decreases the demand for labor in that market
• D)decreases the supply of labor and increases the demand for labor in that market
• E)decreases the supply of labor only in that market

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Definitions:

Analytical Intelligence

One aspect of a broader view of intelligence, focusing on the ability to analyze, evaluate, judge, compare and contrast.

Cross-Sectional Studies

Observational research designs that analyze data from a population, or a representative subset, at a specific point in time.

Intelligence Test

A uniform test created to evaluate human intellect and mental capacities.

Triarchic Theory

A theory of intelligence proposed by psychologist Robert Sternberg, which categorizes intelligence into three aspects: analytical, creative, and practical.