Which of the Following Statements Is True

question 70

Multiple Choice

Which of the following statements is true ?

• A) Derived demand for labor depends on the demand for the other inputs into production.
• B) Unions can either increase demand or decrease the supply of labor.
• C) Investment in human capital is expected to decrease the demand for those workers because there will be a greater number of qualified workers available.
• D) Unions can effectively increase wages by lobbying for looser immigration laws.

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Definitions:

Singles

are individuals who are not married or in a romantic relationship.

Lower Chance

Lower chance refers to the reduced likelihood or probability of an event or condition occurring.

Live Together

Refers to the situation where two or more people share a residence and day-to-day life but are not legally married.

Religious Institutions

Organizations associated with a religion or faith, playing roles in worship, moral guidance, community support, and cultural preservation.