-What Is the Effect on the Supply of Low-Skilled Labour

question 44

Multiple Choice

-What is the effect on the supply of low-skilled labour of an increase in the number of people pursuing higher education?

• A) It becomes more inelastic.
• B) The supply of low-skilled labour increases.
• C) The supply of low-skilled labour decreases.
• D) It becomes more elastic.
• E) None of the above answers is correct.

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Definitions:

Basic Anxiety

A theory by Karen Horney that refers to feeling helpless and insecure as a child, which can affect adult personality.

Neurotic Needs

In psychology, these are unhealthy desires or tendencies that individuals develop as a result of anxiety and are attempts to manage this anxiety.

Compulsively

Acting driven by an irresistible urge, often against one's conscious wishes and in a repetitive, ritualistic manner.

Neurotic Trends

Psychological tendencies in an individual that lead to negative patterns of thought and behavior, often resulting from unresolved conflicts and anxieties.