Which Term Refers to Jobs That Are Low-Wage,insecure and Temporary

question 53

Multiple Choice

Which term refers to jobs that are low-wage,insecure and temporary?

• A)income insecurity
• B)precarious employment
• C)market poverty
• D)absolute poverty

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Definitions:

Lipitor

A pharmaceutical drug used to lower cholesterol and reduce the risk of heart disease.

Few Substitutes

A market condition where there are limited alternative products or services available to consumers.

Nike

an American multinational corporation known for designing, manufacturing, and selling athletic footwear, apparel, and equipment.

Elastic Demand

Characterizes a market situation where the quantity demanded of a good or service significantly changes in response to price changes.