Which of the Following Occurs in a Tight Labour Market

question 56

Multiple Choice

Which of the following occurs in a tight labour market?

• A) unemployment is high
• B) the numbers of job applicants and job openings are about equal
• C) compensation rates decline
• D) the demand for labour exceeds the labour supply

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Definitions:

Information Overload

A situation where an individual is exposed to more information than they can effectively process or manage.

Excess Cash

Surplus funds that exceed the normal operating needs of a business, often invested in short-term securities or used for acquisitions.

Fair Value Adjustment

An accounting process of updating the reported value of an asset or liability to reflect its current market value.

Noncontrolling Interest

An ownership position in a corporation in which the shareholder does not have sufficient voting power to enact changes or control the company’s operations.