Which of the Following Statements Is True About the Composition

question 46

Multiple Choice

Which of the following statements is true about the composition of the U.S.labor force in the next decade?

• A)Immigration will cease to affect the size and diversity of the workforce.
• B)The largest proportion of the labor force is expected to be in the age group of 16-24 years.
• C)The percentage of highly skilled immigrants will continue to remain lower than the percentage of low-skilled immigrants.
• D)The median age of the labor force will increase to the highest number ever.
• E)The high cost of health insurance and a decrease in health benefits will cause many employees to quit working.

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Definitions:

Short Interest

The aggregate amount of a specific stock's shares that investors have short sold and are yet to close or cover.

Diminishing Marginal Utility

A principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction a person gains from consuming one more unit.

Prospect Theory Loss Aversion

A concept from behavioral economics indicating that people feel the pain of losing money more acutely than they feel the pleasure of gaining the same amount.

TRIN Ratio

Also known as the Arms Index, this technical analysis indicator compares the number of advancing and declining stocks to the volume of advancing and declining stocks, used to gauge overall market sentiment.