As the Relative Demand for Unskilled Workers Falls, Wages for Unskilled

question 75

Multiple Choice

As the relative demand for unskilled workers falls, wages for unskilled workers ______ and unemployment compensation becomes a ______ attractive option.

• A) fall; more
• B) fall; less
• C) rise; more
• D) rise; less

Recognize the conditions under which contract rights are assignable.

Understand the legal effects of an assignee's standing and the principle of "stepping into the shoes" of the assignor.

Identify the legal protections and limitations for obligors in assignments.

Understand the specific rules and exceptions regarding the assignment of future wages and partial assignments.

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Definitions:

Concrete Operational

Concrete operational stage is a phase in Piaget's theory of cognitive development, where children gain the ability to think logically about concrete, physical objects and events.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding over the course of a human life.

Formal Operations

The stage in Piaget's theory of cognitive development, typically beginning around age 12, characterized by the ability to think abstractly and logically.

Systematic Solutions

Methodical and well-organized approaches to solving problems or addressing issues.