The Demand for Labor Is a Derived Demand Because

question 58

Multiple Choice

The demand for labor is a derived demand because:

• A) many workers are self-employed.
• B) the income workers earn adds to the demand for output.
• C) the demand for output comes from the demand for labor.
• D) the demand for labor comes from the demand for output.

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Definitions:

Adequately Assess

Sufficiently evaluating or measuring performance, skill, knowledge, or condition to meet a defined standard or objective.

Depth

Ensuring one is assessing the extent and seriousness of a concern.

Assessment

A broad array of evaluative procedures that yield information about a person. An assessment may consist of many procedures, including a clinical interview, personality tests, ability tests, and informal assessment.

Mental Status

The level of cognitive, emotional, and psychological functioning or stability of an individual at a given time.