Which of the Following Is Not an Advantage of Labour

question 98

Multiple Choice

Which of the following is not an advantage of labour market deregulation?

• A)Improved work practices can lead to higher wages.
• B)Wages can more readily respond to changes in the demand for and supply of labour.
• C)Increased labour market flexibility may disadvantage low paid people.
• D)It can encourage dispute resolution at the workplace level.

---

Definitions:

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specific period of time.

Statement of Cash Flows

A statement showcasing the influence of modifications in balance sheet positions and revenue on cash and cash analogues, distributed into operating, investing, and financing operations.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.

Statement of Stockholders' Equity

The Statement of Stockholders' Equity is a financial document that outlines the changes in a company's equity over a specific period, including shares issued, earnings, and distributions.