The Fact That Employers Have Been Increasing the Requirements to Qualify

question 39

Multiple Choice

The fact that employers have been increasing the requirements to qualify for professional positions to the extent that far more people are earning college degrees than ever before,and the value of degrees has decline,is an example of:

• A)educational screening
• B)credential inflation
• C)tracking
• D)All of the above.
• E)None of the above.

Understand the concept of consumption possibilities frontier.

Analyze trade opportunities and calculate potential trading ranges based on comparative advantage.

Define and calculate comparative advantage.

Define and calculate opportunity cost.

---

Definitions:

Carbon Dioxide

A gas that has no color or smell, created when carbon and organic compounds burn and during breathing. It exists naturally in the atmosphere and is taken in by plants during the process of photosynthesis.

Ultraviolet Radiation

A form of electromagnetic radiation with wavelengths shorter than visible light but longer than X-rays, capable of causing skin burns and can play a beneficial role in vitamin D production.

Ozone Layer

The ozone layer is a stratospheric layer rich in ozone, which protects life on Earth by absorbing the majority of the sun's harmful ultraviolet radiation.

Organic Life

Refers to life forms that are based on carbon compounds, which includes all living organisms on Earth.