What Does the Phrase "Jobless Recovery" Refer To

question 28

Multiple Choice

What does the phrase "jobless recovery" refer to?

• A)It refers to a recovery from a recession which does not produce strong growth in employment.
• B)It refers to a situation in which rising productivity has made it possible for firms to reduce their workforce and increase output at the same time.
• C)It refers to the phenomenon where U.S.firms move their production abroad, thereby destroying jobs in the domestic market and creating new jobs in foreign markets.
• D)It refers to a situation in which a worker's real wage falls despite increases in productivity.

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Definitions:

Alveolates

A group of protists, including dinoflagellates, apicomplexans, and ciliates, characterized by the presence of alveoli (small sac-like structures) beneath their cell membranes.

Representative Clade

A group of organisms that includes an ancestor and all of its descendants, representing a single branch on the tree of life.

Supergroup

In biology, a high-level classification rank above kingdom, used in some recent taxonomic systems to organize the diversity of life.

Trypanosomes

Single-celled parasitic organisms responsible for diseases like African sleeping sickness and Chagas' disease, transmitted by insect vectors.