Because of Labor Hoarding,a Reduction in Output May Signal

question 33

Multiple Choice

Because of labor hoarding,a reduction in output may signal

• A)an increase in employment.
• B)a reduction in employment.
• C)no change in employment.
• D)a reduction in productivity.

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Definitions:

Technical Services

Specialist assistance provided by a business or individual in areas such as IT, engineering, or scientific research.

Machinery

Machines or machine systems collectively, which are used in industrial or manufacturing processes and applications.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs for production.