In a Supply and Demand Model of the Labor Market

question 67

Multiple Choice

In a supply and demand model of the labor market for nonpreferred workers, a reduction in employer prejudice against nonpreferred workers will

• A) increase supply, raise the wage rate, and decrease the employment of these workers.
• B) decrease supply, lower the wage rate, and decrease employment of these workers.
• C) decrease demand, lower the wage rate, and decrease the employment of these workers.
• D) increase demand, raise the wage rate, and increase the employment of these workers.

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Definitions:

Catchy Title

A memorable and appealing headline or name designed to attract attention and interest from the target audience.

5 Ws And H

A fundamental concept in information gathering and reporting, covering who, what, where, when, why, and how.

Inverted Pyramid

A method of writing used in journalism and other disciplines, where information is presented in descending order of importance.

SUCCESs Principles

are a set of criteria identified in the book "Made to Stick" by Chip and Dan Heath, designed to make ideas clearer and more memorable, including Simplicity, Unexpectedness, Concreteness, Credibility, Emotions, and Stories.