Which of the Following Decreases in Labor Demand Is Due

question 331

Multiple Choice

Which of the following decreases in labor demand is due to a change in the price of a related resource?

• A)A decline in the demand for computers in Europe reduces the demand for workers in the domestic computer industry.
• B)The rise of hair salons for both men and women reduces the demand for barbers.
• C)A decrease in the educational skills of manufacturing workers decreases the demand for such workers.
• D)An increase in the price of chemical equipment increases the cost of producing fertilizer, thus decreasing the demand for workers who make fertilizer.

Identify and understand the challenges and drawbacks of different data collection methods.

Grasp the concept of causality in research and distinguish between types of study designs (cross-sectional, panel, experimental) for causal inference.

Understand the objectives of research including theory development, description, and establishing causality.

Identify the implications of research design choices on the validity and generalizability of study findings, including the role of random sampling.

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Definitions:

Hawaiian Government

The governing body of the Hawaiian Islands, which has evolved from a kingdom to a republic to a territory, and finally became the 50th state of the United States in 1959.

American Tariff

Taxes imposed by the United States on imported goods, used to protect domestic industries and raise government revenue.

Spanish-American War

A conflict between the United States and Spain in 1898, resulting from American intervention in the Cuban War of Independence.

Diplomatic Proposals

Suggestions or plans made in the interest of promoting or achieving international peace and cooperation between countries.