In the Late 1990s, Some Observers Wanted to Alter the Composition

question 13

Multiple Choice

In the late 1990s, some observers wanted to alter the composition of labour input somewhat such that more jobs are created and those with jobs work fewer hours. What type of policy measure might promote that goal?

• A) Lowering the ceiling of wages and salaries to which social contributions apply
• B) Wage cuts across the board
• C) Increasing the fringe benefits that are available to workers with jobs
• D) Increasing the overtime premium
• E) None of the choices are correct.

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Definitions:

Crowdsourcing

The use of collective intelligence gathered from the public for accomplishing tasks, often by the use of social media.

In-house

Pertaining to activities or operations performed within an organization rather than outsourced.

Creative Innovation

The process of introducing novel and original ideas or methods that result in significant improvements or advancements.

Knowledge Management

The systematic process of creating, sharing, using, and managing the knowledge and information of an organization.