Internal Labor Markets Benefit Workers in That Such Markets

question 2

Multiple Choice

Internal labor markets benefit workers in that such markets:

• A)provide job security and opportunities for advancement
• B)allow wage rates to adapt quickly to changing economic conditions
• C)provide increased mobility from one firm to another as a method of career advancement
• D)pay for workers' general training

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Definitions:

Capital Gain Yield

The rise in the price of a security, like a stock or bond, leading to a profit if sold; expressed as a percentage increase over the investment's cost.

Income Yield

The return on an investment in terms of the income generated, expressed as a percentage of the investment's cost.

Total Return

The overall gain or loss on an investment over a particular period, including dividends, interest, and capital gains.

Rate of Return

The net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.