Differences in Skills I.can Arise Partly from Differences in Education And/or Partly from And/or

question 93

Multiple Choice

Differences in skills
i.can arise partly from differences in education and/or partly from differences in on-the-job training.
ii.can lead to large differences in earnings.
iii.result in different demand curves for high-skilled and low-skilled labor.

• A) i only
• B) ii only
• C) ii and iii
• D) i and iii
• E) i, ii, and iii

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Definitions:

Mismatch

This occurs when there is a lack of alignment or compatibility between two or more things or elements.

Tolerance

The willingness to accept or endure beliefs, behaviors, or practices different from one's own.

Needs

Basic or essential requirements that individuals or systems must have fulfilled to maintain function or achieve goals.

Theory of Work Adjustment

A theory explaining the relationship between individuals and their work environments, focusing on the compatibility between individual needs and skills and job demands and rewards.