The Entrance of Large Numbers of "Baby Boomers" into the Labor

question 51

Multiple Choice

The entrance of large numbers of "baby boomers" into the labor force in the 1970s and 1980s

• A) caused substantial reductions in permanent unemployment.
• B) lessened income inequality.
• C) increased income inequality.
• D) had no impact on income inequality.

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Definitions:

Self-fulfilling Prophecy

A belief or expectation that an individual or group holds about a future event that manifests because the individual or group acts in ways that support the belief or expectation.

Theory X

A management assumption that employees are inherently lazy, require close supervision and control, and are motivated primarily by financial incentives.

Theory Y

A management approach based on the belief that employees are intrinsically motivated and will seek out responsibility and development if given the opportunity.

Self-fulfilling Prophecies

Situations where an initially false expectation leads to its own confirmation because the expectation influences behavior to make it true.