One Significant Factor That Will Impact the Size of the Workforce

question 127

Multiple Choice

One significant factor that will impact the size of the workforce for businesses in Canada in the future is ________.

• A)immigrants not being able to speak English fluently
• B)aging of the population resulting in labour shortages
• C)universities focusing on wrong kinds of knowledge and skills
• D)brain-drain to the U.S.and Europe

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Definitions:

Normative Statements

Statements that express opinions on how the world ought to be, involving value judgments rather than factual claims.

Expressions Of Facts

Statements that aim to convey information about reality or actual events without alteration.

Economic Model

A simplified representation or framework that economists use to describe and analyze economic processes, relationships, or phenomena.

Capital Goods

Long-lasting goods purchased and used by businesses to produce goods and services and contribute to their output.