Education Reform Could Lead to a More Skilled and Better

question 99

Multiple Choice

Education reform could lead to a more skilled and better trained public.A more skilled and better trained public would

• A)cause the market supply curve for labour to shift to the right.
• B)cause the market demand curve for labour to shift to the right.
• C)not shift the market demand curve for labour.
• D)cause both the market demand curve for labour and the market supply curve for labour to shift to the left.

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Definitions:

Obligated

Refers to having a legal or moral duty to do something.

Assigns Right

The transfer of rights or interests in a property or contract from one party to another.

Rent Payments

Periodic payments made by a tenant to a landlord in exchange for the right to occupy or use the property of the landlord.

Delegation Of Duty

The assignment of responsibilities or tasks from one party to another, often seen in contractual or employment situations.