Which of the Following Statements Is True of the Jobs

question 63

Multiple Choice

Which of the following statements is true of the jobs held by the working class of America?

• A) Their jobs have considerable on-the-job autonomy and freedom.
• B) They are mostly dependent on income from government programs.
• C) They work in minimum wage jobs, or are often unemployed.
• D) Their jobs require little training and are closely supervised.
• E) Their jobs consist of nonmanual occupations that require some training beyond high school.

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Definitions:

Fixed Costs

Costs that remain constant regardless of the volume of goods or services produced by a business.

Net Income

The total profit of a company after operating expenses, taxes, and all other incomes and expenses have been deducted from total revenue.

Variable Costs

Costs that change in proportion with the level of production or sales volume, such as materials and labor.

Fixed Costs

Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, and equipment leases.