Which of the Following Events Will Cause a Surplus of Workers

question 4

Multiple Choice

Which of the following events will cause a surplus of workers?

• A) a wage above the market-clearing wage
• B) an increase in the supply of workers
• C) a decrease in the demand for workers
• D) more workers wanting to work at higher wages

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Definitions:

Urban

Relating to, or characteristic of a city or town.

Rural

Rural areas are regions located outside towns and cities, often characterized by small communities, agriculture, and natural environments, with lower population density and infrastructure compared to urban areas.

Status of Women

Refers to the social, economic, and legal position of women in a society, often highlighting disparities in rights, opportunities, and treatment compared to men.

Eighteenth-Century

Refers to the period from 1701 to 1800, marking a century that experienced the Enlightenment, significant technological advancements, and pivotal changes in political landscapes globally.