The Changing Age Structure of the U

question 64

Multiple Choice

The changing age structure of the U.S. population and more efficient labor markets are both possible explanations for:

• A)the decline in the natural rate of unemployment.
• B)the increase in the cyclical rate of unemployment.
• C)the 2001 recession.
• D)the stagnation of real wages.

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Definitions:

Dot-com Start-Ups

New businesses that operate primarily on the internet, commonly associated with the boom in internet-based companies in the late 1990s and early 2000s.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Sale Of Shares

The process of selling ownership units of a company, usually in the form of stock, to investors or the public.

Lewin's Model

A change management model developed by Kurt Lewin which describes organizational change through three stages: Unfreezing, Changing, and Refreezing.