Which One of the Following Is Most Likely to Reduce

question 14

Multiple Choice

Which one of the following is most likely to reduce the mobility of labor between jobs?

• A) an increase in the minimum wage
• B) legislation relaxing licensing requirements for entry into many occupations
• C) the taxation of unemployment compensation in the same manner as income from other sources
• D) both b and c above

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Definitions:

Premium

An amount paid in addition to a standard price, often for a service or product considered to be of higher quality or with added features.

Personality

An individual’s characteristic patterns of thought, emotion, and behavior, together with the psychological mechanisms behind those patterns.

Characteristic Patterns

Recurring behaviors or attributes that are typical of a person, group, or process.

Behavior

refers to the actions or reactions of an individual or system in response to external or internal stimuli.