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Other Things Constant, When the Work Opportunities in an Occupation

question 46

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Other things constant, when the work opportunities in an occupation are unstable (that is, layoffs are common) , the hourly wages of workers in the occupation will tend to be


Definitions:

Deindividuation

A psychological state of decreased self-evaluation and decreased evaluation apprehension causing antisocial behavior, often occurring in group situations.

Twitter

A social media platform that allows users to post, interact with messages known as "tweets", and follow other users' activities.

Virtual Anonymity

The condition of being anonymous online, allowing users to interact without revealing their true identities.

Cognitive Dissonance

A state of psychological discomfort caused by holding two or more contradictory beliefs, ideas, or values at the same time.

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