A Good Example of an Outcome That Could Lead to "Hysteresis

question 95

Multiple Choice

A good example of an outcome that could lead to "hysteresis" in the labour market is

• A)new entrants to the labour market have a high rate of unemployment due to technological change.
• B)new entrants to the labour market have difficulty finding jobs,and as a result have a higher rate of unemployment throughout their working lives.
• C)unemployment is generated by an increase in the minimum wage.
• D)a negative supply shock persists.
• E)a negative demand shock persists.

---

Definitions:

Low-Low Ratio

A very low gear ratio in a vehicle's transmission, providing maximum torque output for situations requiring increased power at low speeds, such as off-road.

Teeth Drives

Mechanisms that use gear teeth to transmit power and motion between shafts in machinery.

Torque Output

The measure of the twisting force produced by an engine or motor, often indicating the power available to drive a vehicle or machinery.

Auxiliary Section

A supplementary part of a machine or system that provides additional functionality or supports the main operation.