Given the Slower Growth in the Demand for Labor in the United

question 33

Multiple Choice

Given the slower growth in the demand for labor in the United States since 1973, the large increases in employment must be the result of:

• A) decreases in the supply of labor.
• B) decreases in the demand of labor.
• C) increases in the supply of labor.
• D) increases in the real wage.

---

Definitions:

Identity Diffusion

A stage in Erik Erikson's theory of psychosocial development where an individual has not yet achieved a sense of personal identity and direction.

Identity Foreclosure

A psychological term referring to a state in which an individual prematurely commits to an identity without adequate exploration of other options.

Hypothetical Thinking

The ability to consider possibilities, propositions, and scenarios that are not immediately physically present or proven.

Concrete Operational Stage

A stage of cognitive development in Jean Piaget's theory where children aged about 7 to 12 years understand and apply logical operations to concrete situations but not to abstract concepts.