Which of the Following Statements About a Tight Labor Market

question 59

Multiple Choice

Which of the following statements about a tight labor market is true?

• A) The labor markets for word processors and telemarketers have been fairly tight.
• B) There is downward pressure on wages in such a market.
• C) The demand by employers exceeds the available supply of workers.
• D) There is reducing pressure for wage increases for sewing machine operators.

---

Definitions:

Normal Curve

A symmetrical bell-shaped curve representing a normal distribution in statistics, where the mean, median, and mode are equal.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.

Raw Scores

The unadjusted scores individuals receive based on the number of questions answered correctly on an assessment.

Test-retest Reliability

Describes the degree to which the results of the same test administered on two separate occasions to the same individuals remain consistent.